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KSZ - distinctly magnetised 30km target identified
KSZ - distinctly magnetised 30km target identified.
About this update from Kavango Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2471T\n Kavango Resources PLC\n 23 November 2021\n \n \n \n PRESS RELEASE\n \n 23 November 2021\n KAVANGO RESOURCES PLC\n (\"Kavango\" or \"the Company\")\n \n KSZ - distinctly magnetised 30km target identified\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 identified 30km strike length of distinct magnetic Proterozoic gabbro (the \"30km Strike Length\") within Target Area A of the Kalahari Suture Zone (\"KSZ\") Project, in the vicinity of Hole TA2DD002.\n The 30km Strike Length is now a high-priority exploration target for the detection of possible large-scale nickel/copper/platinum group element (Ni/Cu/PGE) mineralisation.\n Spectral Geophysics (\"Spectral\"), the Company's strategic partner, has produced an updated 3D magnetic susceptibility model (the \"Updated Mag Sus Model\") of the Proterozoic gabbro in Target Area A. This maps the 30km Strike Length.\n According to the Updated Mag Sus Model, zones of the 30km Strike Length can be intercepted as shallow as 500m. Given that the Updated Mag Sus Model has been constrained using stratigraphic data from Hole TA2DD002, the Company is confident in this depth prediction.\n Kavango's confidence in the Updated Mag Sus Model is based on:\n \n I. Physical evidence seen in Proterozoic drill core from Hole TA2DD002 (\n \n \n announced 14 September\n \n \n ) \n \n \n II. Initial results from the downhole electromagnetic (\"DHEM\") survey of Hole TA2DD002 (\n \n \n announced 29 October\n \n \n )\n \n \n III. Spectral's recognised technical experience and expertise\n \n Highlights\n \n Ø \n Spectral inverted and reinterpreted ground magnetic survey data to create the Updated Mag Sus Model in the vicinity of Hole TA2DD002\n \n \n - \n Spectral\n \n has prepared a report for the Company, which describes the analytical methods it used to produce the \n Updated Mag Sus Model. Kavango will publish this report on its website.\n \n \n Ø \n Spectral's Updated Mag Sus Model:\n \n \n - \n Accurately predicts the intersection of TA2DD002 with the Proterozoic gabbro at 650m\n \n \n - \n Confirms that Proterozoic rocks are one set of causative bodies for the magnetic anomalies, identified from b...