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Ditau Drill Targets Confirmed
Ditau Drill Targets Confirmed.
About this update from Kavango Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3716G\n Kavango Resources PLC\n 29 March 2022\n \n \n \n PRESS RELEASE\n \n 29 March 2022\n KAVANGO RESOURCES PLC\n (\"Kavango\" or \"the Company\")\n \n Ditau Drill Targets Confirmed\n The Ditau Camp Project (\"Ditau\") presents Kavango Resources plc (LSE:KAV) with an opportunity to enter into a new commodity space. Rare earth elements (\"REEs\") are crucial to the green industrial revolution. Most of the world's REEs are found in carbonatite \"ring structures\". \n Kavango has identified 12 geophysical structures/targets at Ditau, which the Company believes could be possible carbonatites and/or intrusive complexes that may host carbonatites. 9 of these are particularly well defined. Kavango is now commencing on a diamond drill campaign to test 3 of these targets, by drilling up to 2 holes in each (up to 2,400m estimated drilling in total):\n \n - \n The \"i10\" target, a discrete circular anomaly of 2.2km diameter\n \n \n - \n An independent orientation study concluded that the magnetic source of the i10 target is not related to intrusive kimberlitic bodies\n \n \n - \n The \"i8\" target, a slightly larger ring like target of about 4km diameter, and\n \n \n - \n The \"i1\" target that may represent a possible large 7km x 18.5km magmatic intrusive complex, within which are circular structures indicative of potential carbonatite intrusives\n \n \n - \n Target depth horizon of less than 400m for each borehole\n \n \n - \n Kalahari sand cover 60m-120m over planned boreholes, based on results from \n Audio-frequency Magnetotelluric (\"AMT\") surveys\n \n \n - \n The primary\n target(s) are REE mineralisation in possible carbonatites, or secondary REE deposits derived from the primary source (dependant on relative age of intrusion and/or erosional history) \n \n \n - \n Secondary target mineralisation style includes possible Nickel/Copper/Platinum Group Elements (\"Ni/Cu/PGEs\"), in layered mafic intrusives\n \n \n - \n Drill programme designed to be flexible to allow for possible revisions as it progresses \n \n The 12 Ditau geophysical targets are not known to have been tested for either REEs or base/precious metal mineralisation. Kavango identified these structures, which range in size from 1km to 20km in diameter, us...