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Kavango Resources PLC

Kavango Resources - Ditau Q&A published on the Company's website

RNS Number : 6370I
Kavango Resources PLC
12 August 2019
 

PRESS RELEASE

 

 12 August 2019

 

KAVANGO RESOURCES PLC

("Kavango" or "the Company")

 

Ditau Q&A published on the Company website

 

Kavango Resources plc (LSE: KAV), the exploration group listed on the Standard List segment of the main market of the London Stock Exchange and targeting the discovery of world class mineral deposits in Botswana, would like to draw the attention of shareholders to a Q&A with the Company, published by Mining Maven, and which is now available on the Company's website.

The Q&A addresses some of the questions about the results from the two holes drilled at Ditau. The alteration and deformation in both the intrusive gabbro and the overlying sediments continues to suggest that Ditau is a prospective target for mineralisation. The Company now needs to confirm if the extensive zone of alteration is related to the carbonatites discovered nearby by Falconbridge in the 1970s. The discovery of carbonatite at Ditau would represent a major advance towards the identification of economic mineralisation at this prospect. Further geological investigation of 10 ring structures identified in the two licences at Ditau is now being undertaken.

 

Further information in respect of the Company and its business interests is provided on the Company's website at: www.kavangoresources.com and on Twitter at #KAV.

 

Notes for Editors:

Kavango's 100% subsidiary in Botswana, Kavango Minerals (Pty) Ltd, is the holder of 17 prospecting licences covering 10,347 km2 of ground, including much of the 450km long Kalahari Suture Zone (KSZ) magnetic anomaly in the southwest of the country along which Kavango is exploring for Cu-Ni-PGE rich sulphide orebodies. This large area, which is entirely covered by Cretaceous and post-Cretaceous Kalahari sediments, has not previously been explored using modern techniques.

The area covered by Kavango's KSZ licences displays a geological setting with distinct similarities to that hosting the World Class Norilsk Ni-Cu-PGE orebodies in Siberia.

For further information please contact:

 

Kavango Resources plc                                                                                     +44 20 3651 5705

Michael Foster

mfoster@kavangoresources.com

 

SI Capital Limited (Joint Broker)                                                                            +44 1483 413500

Nick Emerson

 

Turner Pope Investments (Joint Broker)                                                               +44 20 3657 0050

Andy Thacker 

 

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