Kavango Resources Plc releases drilling results at KSZ Botswana

Kavango Resources Plc releases drilling results at KSZ Botswana

Kavango Resources Plc (LON: KAV) has released the results of drilling undertaken on the KSZ Botswana.

  • The company has stated that drilling has provided valuable geological information to understand the potential of the KSZ to host large Cu-Ni mineral deposits.
  • The company further stated that assays from the core showed a better copper and nickel values as against what could have been expected in a non-mineralised gabbro.
  • Three gabbro sills were intersected and analysed during the programme, and the peak values were of 415ppm Ni and 189ppm Cu.
  • On 13th February 2020, at the time of writing, GMT 08:00 AM, KAV shares were trading at GBX 1.62, down by 0.05 points or 2.98% against the previous day closing price.