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KSZ TA2DD002 Downhole EM Conductor Identified
KSZ TA2DD002 Downhole EM Conductor Identified.
About this update from Kavango Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 7460Q\n Kavango Resources PLC\n 29 October 2021\n \n \n \n PRESS RELEASE\n \n 29 October 2021\n KAVANGO RESOURCES PLC\n (\"Kavango\" or \"the Company\")\n \n KSZ TA2DD002 Downhole EM Conductor Identified\n Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to report the Company has successfully completed an initial downhole electromagnetic (\"DHEM\") survey on Hole TA2DD002 to a depth of 780m. The DHEM survey has identified the upper edge of a conductive anomaly in the Proterozoic gabbro (the \"Conductive Anomaly\").\n The Company and external consultants have completed preliminary analysis of data gathered from the DHEM survey and also reinterpreted existing data from previous airborne surveys conducted by Kavango. The original modelling from this airborne data guided the decision to continue drilling Hole TA2DD002 into the Proterozoic.\n Hole TA2DD002 was the second hole of the current drill campaign in the Company's Kalahari Suture Zone (\"KSZ\") Project.\n Highlights\n \n Ø \n DHEM survey of \n TA2DD002\n \n \n - \n TA2DD002 completed to a depth of 1,001m, within 1 degree of original target\n \n \n - \n 350m of continuous altered Proterozoic-age core recovered from 651m to 1,001m, the single largest amount ever retrieved from the KSZ\n \n \n - \n Initial DHEM completed in early October to a depth of 780m (using the available winch)\n \n \n - \n Spectral Geophysics (\"Spectral\") has secured a 1,500m winch to complete a follow up DHEM survey to the bottom of \n TA2DD002\n \n \n Ø \n Preliminary analysis of DHEM survey suggests:\n \n \n - \n Late-time data from 760m to 780m indicates the Conductive Anomaly exists within 300m of the DHEM survey's completion\n \n \n - \n The Conductive Anomaly appears to reside within the Proterozoic gabbro \n \n \n Ø \n Kavango \n will provide images of the DHEM interpretation \n on its website\n \n \n Ø \n Reinterpretation of Kavango's aeromagnetic model (the \"Aeromagnetic Model\")\n \n \n - \n The Aeromagnetic Model was completed in 2020, using data from the Company's regional airborne surveys flown in 2018 and 2019\n \n \n - \n The Aeromagnetic Model accurately predicted the intersection of \n TA2DD002 wi...