Kavango Resources (LON:KAV) Ditau i10 update

Kavango confirms the completion of the first diamond drill hole at the Ditau Camp Project, Botswana, hole DITDD003 (the “Borehole”).

The hole was completed to a total depth of 300.14m, which the Company’s technical team believes has tested the geophysical target at this specific location.

The Borehole intersected units including a breccia of 20.44m from 83.90m, and a dolomitic carbonate rock from 154.89m. This latter may contain stromatolitic features. Kavango’s technical team is now assessing the provenance of the breccia unit, which it believes may represent either a weathered carbonatitic ash flow or a weathered Dwyka tillite.

In addition, a 7.16m intrusive, considered to be a dolerite, was intersected from 247.73m.

While the provenance of the breccia unit is uncertain the Company has performed some initial portable X-Ray Fluorescence (“pXRF”) readings on the matrix and larger clasts, with a view to comparing these with both carbonatitic ash flow and also unweathered Dwyka tillite. The Company has access to recently drilled Dwyka tillite in the region and will use this data to as a comparison against readings from the breccia in the pXRF checks. Subsequent to this core from DITDD003 will be cut and sent to an accredited laboratory for whole rock analysis with petrological work also carried out on selected samples.

Hole DITDD003 is one of six planned boreholes in the current programme. The drill rig is currently being moved to the pad for the next hole in the campaign, DITDD004.

The POW/KAV Joint Venture at Ditau

Ditau is held in a 50/50 Joint Venture (“Kanye Resources”) with Power Metal Resources plc (LSE:POW) (“Power Metal”). Kavango is the operator. Mindea Exploration and Drilling Services (Pty) (“Mindea”) is conducting the drilling.

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.

For further information please contact:

Kavango Resources plc

Ben Turney

[email protected]

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