Kavango moves forward with Botswana drilling as targets identified

(Alliance News) - Kavango Resources PLC on Friday announced the first priority targets for phase one of drilling on the Karakubis copper project in Botswana.

Kavango is a London-based, Botswana-focused metals exploration company. The Kalahari copper belt, which runs for nearly 1,000 kilometres from northeast Botswana to western Namibia, is a focus in the company's exploration plans.

Five high-priority target areas have been chosen for immediate gradient array induced polarisation surveys to refine drill targets.

The first phase of drilling, which totals 5,000 metres, is designed to test trap site structures associated with doubly plunging fold targets and anticlines.

Diamond core drilling will start in June, with more priority targets anticipated as data processing and interpretation are completed for survey results from Survey Blocks 1A and 1B.

"Although we still have further airborne data to process, the targets we have identified are already strong enough to be classed high priority. As such, we have decided to push ahead with drilling," said Chief Executive Officer Ben Turney.

"Our primary objective will be to prove that our target areas cover a copper mineralising system. We had previously reported the identification of favourable structural geology for possible trap zones. If we can now prove that copper mineralised fluids passed through the region our chances of success should increase significantly."

Shares in Kavango Resources were down 3.5% at 1.40 pence each in London on Friday afternoon.

By Holly Beveridge, Alliance News reporter

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