LSE-listed Kavango Resources has started drilling on Target A2 in the northern (Hukuntsi) section of the Kalahari Suture Zone (KSZ) in Botswana.
The goal of this geological borehole is to retrieve core samples from the bottom of the "Norilsk-style keel" at A2.
The exploration company’s hope is that assay and other analysis of said rock samples will result in "proof of concept" that the Karoo-age gabbros in the KSZ have the potential to host magmatic sulphide orebodies.
The target depth at A2 is currently estimated to be 500 m.
On completion of drilling operations at A2, Kavango's drill partners – Equity Drilling and Mindea Exploration and Drilling Services – will immediately mobilise the rig to Target C1 (C1), which is 11 km away.
Kavango believes A2 and C1 are on the same geological corridor.
Following completion of drilling at C1, the rig will then mobilise to Target B1. Plans for this hole are currently being finalised and Kavango will provide an update in due course.
CEO Ben Turney says “years of hard work and dedication” has brought the company to this point and that Kavango can “now be on the cusp of achieving something truly great”.
“With the drill bit now turning at A2, we should soon hopefully become the first company ever to retrieve core samples from the bottom of a Karoo-age gabbro in the region,” he enthuses.