It has been a while since we last spoke to Ben, the recent news was the preliminary interpretation for geophysical survey data on its property in Botswana’s Kalahari Copper Belt (“KCB”), from South Africa-based New Resolution Geophysics.
Ben Turney comments on Kavango’s analysis of regional copper-silver deposits in the KCB. He notes the importance of basin and sub-basin structures, including basin margins and intravaginal highs, in sedimentary copper models.
Turney expresses confidence in the company’s exploration program in the KCB, suggesting that their data points to a large-scale system capable of hosting significant copper-silver deposits. Plans for further ground geophysics and drilling later in the quarter are mentioned.
Here are the bullet points summarizing the interview with Ben Turney
- Interview with Ben Turney: CEO of Kavango Resources, discussing the company’s recent developments.
- Focus on Zimbabwe: Announcement of moving into gold production and the announcement of their first maiden resource.
- Shift from Speculative to Fundamental: Kavango is transitioning from being a speculative green field exploration play to a more fundamental one with profitable gold production in Zimbabwe.
- Exploration in Zimbabwe and Botswana: Looking for large scale bulk minable gold deposits in Zimbabwe and large scale copper deposits in Botswana.
- Scalability and Mining Opportunities: Discussing the scalability of their mining operations and opportunities in reprocessing historic tailings in Zimbabwe.
- Operational Profitability Goal: Aiming to become operationally profitable to cover costs of the team, exploration, and executive management.
- Geological Setting in Zimbabwe: Comparing the geological setting in Zimbabwe to that of Western Australia, indicating significant opportunities for bulk mining.
- Progress in Kalahari Copper Belt: Encouraging progress in their Kalahari copper belt assets in Botswana, covering nearly 8,000 square kilometers.
- Upcoming High Impact Drill Campaign: Planning a high impact drill campaign later in the quarter in the Kalahari copper belt.
- Funding and Financial Strength: Kavango’s strong financial position, supported by investment from the Consagra family and their Pure Bond vehicle.
- Market Conditions and Positioning: Navigating the current weak market and positioning for recovery with potential high-impact drill campaigns in gold and copper markets.
These points encapsulate the key topics and insights discussed in the interview, providing an overview of Kavango Resources’ current activities and plans.
