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BOTS – New Ditau Competent Persons Report
BOTS – New Ditau Competent Persons Report.
About this update from Kavango Resources Plc
[{"type":"text","content":"\n\n05 August 2024\nKavango Resources\n(\"Kavango\" or \"the Company\")\nBOTS - New Ditau Technical Report\nKavango Resources plc (LSE: KAV), the Southern Africa focussed metals exploration company, is pleased to announce the release of a new National Instrument 43-101-Technical Report (the \"Technical Report\") for its 100%-owned Ditau Project (\"Ditau\") in Botswana.\nThe Technical Report has been completed by internationally recognised mining advisor, SLR Consulting (Canada) Ltd (\"SLR\") and recommends next steps for Kavango's exploration at Ditau.\nHighlights\n· SLR was selected to prepare the Technical Report because of its extensive understanding of the types of deposit and targets associated with the Ditau Project.\n· The Ditau Technical Report can be read on the Company's website.\n· SLR concludes that Ditau is an attractive early-stage exploration project with the potential to host a variety of mineralisation styles, warranting a systematic exploration effort consisting of detailed geophysical surveying and a significant amount of drilling.\n· Prospective mineralisation targets include:\n· Banded Iron Formation (\"BIF\")-hosted orogenic gold\n· Iron oxide copper-gold (\"IOCG\"), and\n· Rare earth element (\"REE\")-bearing carbonatites.\n· SLR has made recommendations for future work programs, which Kavango is presently evaluating.\nBen Turney, Chief Executive Officer of Kavango Resources, commented:\n\"SLR's new report underlines the discovery potential within Kavango's Ditau Project in Botswana for a range of critical and precious metals.\nThe Ditau Project provides us with a longer-term, blue-sky exploration opportunity. This strategically complements our nearer-term exploration efforts in the Kalahari Copper Belt, where we are currently drilling testing a large copper system, and Zimbabwe, where we're drilling to discover bulk-minable gold deposits.\nSLR has consolidated the large datasets Kavango has gathered at Ditau to provide clear recommendations for the direction of future exploration. We are currently considering these recommendations and will update the market when we've decided on the way forward that has the greatest impact.\"\nBackground to the Technical Report\nS...