Kavango Resources PLC (LON:KAV) has received the assay results from the two holes drilled at the Ditau Camp prospect in Botswana.
Kavango is currently undertaking its own programme of checks and duplicates at an independent laboratory.
READ Kavango picks up new ground adjacent to Ditau
"Kavango is now completing its own check assays at an independent laboratory in South Africa, which is normal industry practice. We will then be in a position to fully check, assess and interpret the results so as to formulate our plans for Ditau,” said Michael Foster, the chief executive officer of Kavango Resources.
“Currently Kavango's preferred option would be to farm-out this project to an industry partner, mainly due to its' size, plus the fact that our main focus remains the Kalahari Suture Zone ("KSZ") structure in south-west Botswana where drilling is expected to commence later this quarter," he added.