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Ditau: 470m Strike Extension to Mineralised BIF
Ditau: 470m Strike Extension to Mineralised BIF.
About this update from Kavango Resources Plc
[{"type":"text","content":"\n \n \n 31 March 2023\n \n \n \n KAVANGO RESOURCES PLC\n \n \n \n (\"Kavango\" or \"the Company\")\n \n \n \n Ditau: 470m Strike Extension to Mineralised BIF\n \n \n \n Kavango Resources (LSE:KAV) (\"Kavango\"), the Southern Africa focussed metals exploration company, is pleased to announce that it has confirmed an extension of at least 470m to the Mineralised Banded Iron Formation (the \"Mineralised BIF\") intercepted at Target i10 with Hole DITDD004 in the Ditau Project, Botswana.\n \n \n Kavango has now completed an initial review of drill core and logs from an exploration hole, drilled in 2021, 470m to the NW of DITDD004. This hole (Hole X077-H002, \"X077\") was drilled by a company that held an overlapping diamond prospecting licence to Kavango's Ditau metal prospecting licences.\n \n \n X077 appears to have intercepted the same Mineralised BIF as DITDD004.\n \n \n Having already confirmed the Mineralised BIF is >100m thick in Hole DITDD004 (\n \n announced >>> 06 March 2023\n \n ), Kavango is increasingly encouraged that Target i10 could represent a large-scale, continuous system that is prospective for lode gold mineralisation.\n \n \n \n \n \n \n \n \n Figure 1: Cross-section viewed west, showing Hole DITDD004 and Hole DITDD003, drilled by Kavango, and Hole X077, drilled by the Third Party. Zones of interpreted mineralised BIF are shown in red hatch at the end of Hole DITDD004 and Hole X077, indicating a broader mineralised BIF system extending for at least 470m between holes.\n \n \n \n \n \n Ben Turney, Chief Executive Officer of Kavango Resources, commented:\n \n \n \n \n \"The initial results of our review of neighbouring exploration holes to DITDD004 are highly encouraging. We have been able to establish at least a 470m strike extent of the Banded Iron Formation directly from DITDD004 to Hole X077,\n \n \n bounded by the i10 magnetic anomaly. Both holes show evidence of the same mineralisation style. We've achieved this without any further drilling.\n \n \n \n \n Given that both DITDD004 and X077 remain open at depth in the Mineralised BIF, the large-scale promise of this system is strongly underlined. In the context of Dr. Mumin's view of the lode gold potential here, this is very positive.\n \n \n \n \n We are now in the process of cutting core to send for assay testing and look forward to recei...