Kavango Resources Plc (GB:KAV) has released an update.
Kavango Resources Plc has announced promising updates from its Hillside Gold Project in Zimbabwe, revealing the identification of up to five potential mineralised shear zones from an Induced Polarisation survey, which could suggest the presence of a bulk-minable gold deposit. The company reported significant success with the high-grade upper intersection in drilling Hole SKDD001 and is ahead of schedule with its gold production, having yielded 899.6g in March, indicating potential profitability for 2024. A follow-up drill program is planned to further explore these findings and assess the commercial viability of the Prospect 4 area.
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