Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce it has been granted two Prospecting Licences (“PLs”) in the Botswana section of the highly prospective Kalahari Copper Belt (the “KCB”).
Kavango’s two new PLs are located directly to the southwest of Sandfire Resource’s T3 and A4 Dome copper-silver discoveries.
Director Mike Moles talks us through yesterday’s announcement and what it means for the company.
Michael Foster, Chief Executive Officer of Kavango Resources, commented:
“We are delighted to have secured these two new prospecting licences. It is thanks to our in-country presence and knowledge that Kavango has been able to add to its portfolio of strategic exploration assets in the highly prospective Kalahari Copper Belt.
Given the positioning of these two new licences, in such close proximity to major copper-silver discoveries, we are eager to commence exploration here as lockdown restrictions are loosened in Botswana.”
Updated Corporate Presentation
Further to today’s announcement, Kavango has updated its corporate presentation and published it on the Company’s website:
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