https://www.miningweekly.com
Botswana|Building|Copper|Exploration|Proximity|Resources
Botswana|Building|Copper|Exploration|Proximity|Resources
botswana|building|copper|exploration|proximity|resources

Kavango increases exposure to KCB with two new prospecting licences

3rd June 2020

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

Font size: - +

LSE-listed Kavango Resources has been granted two prospecting licences (PLs) in the Botswana section of the highly prospective Kalahari Copper Belt (KCB).

The two new PLs are located directly to the southwest of Sandfire Resource's T3 and A4 Dome copper/silver discoveries.

The PLs have been granted for an initial three-year term, which may be extended to a maximum of seven years.

Kavango has a combined year one work commitment of £75 000.

The new PLs increase the company’s exposure to the KCB following the joint venture agreement with LVR GeoExplorers on two strategically located licences announced in February.

The KCB is a key emerging exploration province for major sedimentary copper/silver deposits.

The acquisition of further licences is under way. 

"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 KCB.

"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,” says Kavango CEO Michael Foster.

Kavango is in the process of building a strategic portfolio of exploration licences in the KCB.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 
John Deere (Pty) Ltd
John Deere (Pty) Ltd

In 1958 John Deere Construction made its first introduction to the industry with their model 64 bulldozer.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.142 0.18s - 93pq - 2rq
Subscribe Now