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BOTS – Karakubis multiple trap sites identified
BOTS – Karakubis multiple trap sites identified.
About this update from Kavango Resources Plc
[{"type":"text","content":"\n\n30 July 2024 \nKavango Resources\n(\"Kavango\" or \"the Company\")\nBOTS - Karakubis multiple trap sites identified\nKavango Resources plc (LSE: KAV), the Southern Africa focussed metals exploration Company, is pleased to announce that ongoing processing and interpretation of Inversions from Airborne Electromagnetic (\"AEM\") data have so far identified over 90 interpreted trap-site features believed to be associated with doubly plunging anticlinal fold and fault structures at the 6,200km2 Karakubis Copper Project in Botswana's Kalahari Copper Belt (\"KCB\").\nAn ongoing Induced Polarization (\"IP\") survey programme over a diverse selection of these features is helping to discriminate faults, folds and possible lithologies using differences in resistivity and chargeability.\nThe successful completion of the first two stratigraphic holes in the 5,000m Phase 1 diamond drill campaign at Karakubis (the \"Drill Campaign\"), has validated the exploration model with three distinct achievements; firstly, identification of lower D'Kar Formation stratigraphy, secondly the detection of a wide zone of hydrothermal alteration, and thirdly the discovery of copper sulphides and pathfinder minerals in the siltstones within the sequence.\nThe Company plans to assess as many of these as possible over the remainder of its 5,000m and is already planning further phases of drilling.\nOverview\n· Processing of the AEM, Magnetic and Gravity data was completed during the second quarter of 2024.\n· Inversion of the AEM data was done by EMergo (Aarhus Geofisica), and supervised by Jeremy S. Brett International Consulting Ltd., This work is ongoing with data interpreted as it becomes available.\n· Previously processed Conductivity Depth Images (CDI) have been integrated into the interpretation.\n· Gradient Array IP surveys and Stacked Schlumberger Sections are underway.\n· Interpretation of the combined database has to-date identified over 90 targets with 10 priority targets selected for the Phase 1 drill programme.\n· The first 2 holes of the 5,000m Phase 1 drill programme (announced >>> 22 July 2024) have achieved:\n· Identification of what the Company believes to be lower D'Kar Formation stra...