Kavango Resources PLC (LON:KAV) has completed the first phase of drilling on the Kalahari Suture Zone project in Botswana.
During this phase three of the 15 targets identified as having potential to host massive sulphide ore bodies were tested.
A total of 749 metres of reverse circulation drilling and 344 metres of diamond core drilling were completed over six holes on the three targets.
The drilling has successfully confirmed that Kavango's exploration strategy, which includes airborne electromagnetics, soil geochemical sampling, and resistivity surveying, is effective in identifying buried gabbroic intrusions and zones of conductivity.
Disseminated sulphide mineralisation has been intersected at various depths.
The core will now be analysed in Iaboratories in South Africa.
Kavango plans to survey at least three of the holes with downhole geophysics, including downhole electromagnetics.
"It is very encouraging to note that the company's exploration strategy for the discovery of a world class copper-nickel-platinum group elements magmatic sulphide deposit appears to be valid and progressing well,” said Michael Foster, chief executive of Kavango Resources.
“Disseminated sulphides have been intersected in the gabbros and the results of assays are eagerly awaited. Deposits of massive sulphide ore are still to be identified but it is hoped that downhole geophysical surveying will pinpoint the location of such deposits. A second phase of drilling will be planned in the new year to follow up assay results and the downhole surveys, as well as additional priority targets".