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Ditau check assay results
Ditau check assay results.
About this update from Kavango Resources Plc
[{"type":"text","content":"\n \nRNS Number : 6514H Kavango Resources PLC 02 August 2019 \n\nPRESS RELEASE\n \n 2 August 2019\n \nKAVANGO RESOURCES PLC\n(\"Kavango\" or \"the Company\")\n \nDitau check assay results\n \nKavango Resources plc (LSE: KAV), the exploration group listed on the Standard List segment of the main market of the London Stock Exchange and targeting the discovery of world class mineral deposits in Botswana, confirms that the assay results from the two holes drilled into the Ditau Camp target have been checked and confirmed as being accurate.\nHIGHLIGHTS:\n· Due to concerns over apparent inconsistencies in the results received from Genalysis Laboratory in Australia, the company requested some of the samples to be re-assayed.\n· 33 duplicate samples were also sent for inter-laboratory checks at SGS Labs in Johannesburg.\n· Having now received the results of these check assays, Kavango is now satisfied that the original Genalysis results are correct and reliable.\n· Although the assay results show lower than expected values from the altered Karoo sediments in both holes, the gabbroic* rocks appear to be more mineralized with anomalous values of gold and base metal occurring towards the bottom of hole DitDDH2 (478m to 557m).\n· Analysis of the data suggests that the alteration and deformation observed in the core may be related to alkali metasomatism (fenitisation) associated with the emplacement of alkaline intrusives (including carbonatites) into the overlying Karoo sediments.\n· The Ditau magnetic anomaly (7x5km) represent just one of at least 10 similar magnetic \"ring structures\" all lying within Kavango's PL 169/2012 and the newly acquired PL 010/2019 (916.4km2).\n· Further geophysics and drilling is planned in Q4 2019.\nMichael Foster, Chief Executive Officer of Kavango Resources, commented:\n\"Whilst the assay results show that the first two holes at Ditau have not identified economic mineralization, the geochemistry generated by the laboratory supports the existence an alkaline igneous complex featuring a number of ring structures. This would explain the large volume of alteration encountered in both holes (1.8km apart) which is poss...