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KSZ: B Conductor Drill Contract Signed
KSZ: B Conductor Drill Contract Signed.
About this update from Kavango Resources Plc
[{"type":"text","content":"\n\nPRESS RELEASE\n10 May 2023\nKAVANGO RESOURCES PLC\n(\"Kavango\" or \"the Company\")\n \nKSZ: B Conductor Drill Contract Signed\nKavango Resources plc (LSE:KAV), the Southern Africa focussed metals exploration company, is pleased to announce a drilling campaign on its Kalahari Suture Zone North (\"KSZ North\") project.\nThe Company has signed a contract with Mindea Exploration and Drilling Services Pty (\"Mindea\") to drill the cluster of three \"B Conductors\" it has identified in the project area. Kavango's technical team prioritised the B Conductors for drill testing after remodelling their conductance to be in the range of possible nickel, copper, platinum group element (\"PGE\")-bearing massive sulphides (announced >>> 02 March 2023).\nOVERVIEW\n- Drill rig mobilisation\n· Mindea will deploy a diamond drill rig capable of drilling beyond target depth.\n· Kavango selected Mindea, after it successfully drilled two holes into the B Conductors last year as part of the Company's Proof of Concept campaign (announced >>> 18 August 2022).\n- Drill programme details\n· Mindea will drill up to 4 holes, targeting the B Conductors at a depth of 600-700m.\n· The primary target will be the B1 Conductor, which was recently remodelled with a conductance of 28,700 Siemens using Downhole Electromagnetic (\"DHEM\") survey data.\n§ This is well into the range accepted by nickel-copper specialised geophysicists for pyrrhotite-bearing massive sulphides.\n§ Pyrrhotite is very highly conductive iron sulphide mineral often associated with the nickel-bearing mineral pentlandite in nickel/copper/PGE massive sulphide bodies.\n· Secondary targets comprise the B3 and B4 conductors. These have been modelled at 4,100 and 2,760 Siemens respectively, also in the range of possible massive sulphides.\n- Preparations underway\n· Kavango has mobilised its exploration camp for the drilling campaign.\n· The Company is also preparing an access road to the proposed drilling site and preparing the water borehole for the drilling of the B1 Conductor.\n· Drilling expected to commence within 3 weeks.\nBen Turney, Chief Execut...