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KCB: EMP Awarded & Operational Update
KCB: EMP Awarded & Operational Update.
About this update from Kavango Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 4997Q\n Kavango Resources PLC\n 28 October 2021\n \n \n \n PRESS RELEASE\n \n 28 October 2021\n KAVANGO RESOURCES PLC\n (\"Kavango\" or \"the Company\")\n KCB: EMP Awarded & Operational Update\n Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce the Company has been awarded an Environmental Management Plan that covers all of its Prospecting Licences (\"PLs\") in the Kalahari Copper Belt (the \"KCB\"). These interests include PLs held within the Kanye Resources Joint Venture (\"JV\") and the LVR JV.\n \n Highlights\n \n \n Ø \n Environmental Management Plan awarded\n \n \n - \n EMP covers all the Company's Prospecting Licences (\"PLs\") in the KCB\n \n \n - \n EMP valid for 2 years\n \n \n Ø \n Final phase of field exploration underway, towards initial target selection \n \n \n - \n Re-logging of data from historic drill holes\n \n \n - \n Ground magnetic survey underway on the southern limb of the Acacia target, in the South Ghanzi Project (part of Kanye Resources)\n \n \n - \n Work underway to optimise future soil-sampling programmes, to account for changing ground conditions across the Company's PLs\n \n \n - \n Initial drill strategy being finalised\n \n Ben Turney, Chief Executive Officer of Kavango Resources, commented:\n \"We would like to thank the Department of Environmental Affairs for the award of our Environmental Management Plan in the Kalahari Copper Belt. This is an important next step for the Company.\n As operator of 12 prospecting licences, which cover over 6,300km2 of prospective ground for possible major copper/silver deposits, Kavango is now permitted to conduct drilling operations here for the next two years.\n Our primary focus is currently on the promising Acacia target in the South Ghanzi Project. Work is ongoing on Acacia to optimise target definition, to maximise our chances of success.\n \n This is a critical period for Kavango and we eagerly anticipate the next phase of exploration.\n \"\n \n \n Kavango's interests in the KCB\n \n \n Kavango's PLs in the KCB include:\n \n \n The Kanye Resources JV\n \n \n Ø \n 50\n % working interests in 10 prospecting licenses held in a Joint Venture with Power Metal Resources (LSE:POW), wh...