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Kavango identifies seven targets at Ditau rare earths project

Published: 07:40 02 Jul 2021 BST

Kavango Resources PLC -
On site at Ditau

Kavango Resources PLC (LON:KAV) said geological surveys at the Ditau rare earths project in Botswana identified seven targets, of which three will be followed up with drilling.

Each target includes a possible carbonatite intrusive body within a depth of 300m and lying within range of reverse circulation ("RC") drilling.

One target, I1 is a large, intense magnetic dipole that spans 17km by 8km with a depth to source of less than 100m.

Kavango said it believes I1 sits just under the Kalahari sands with anomalous values of the superconducting metal niobium identified.

Ditau is held in a 50/50 Joint Venture with Power Metal Resources with Kavango the operator.

Ben Turney, Kavango chief executive, added: "While our primary focus has been on developing our interests in the KSZ and KCB, we have been much encouraged by the number of drillable intrusive targets identified at Ditau. Most of these appear to be post Karoo in age and lying at a shallow depth beneath Kalahari sand cover.

“It is particularly encouraging to have identified seven drill-ready targets, with three of those being classified as high priority.

Carbonatite hosted deposits of Rare Earth Elements (REEs) hold significant strategic and commercial value. Kavango's targets are relatively shallow, which should make it straightforward to determine this project's potential.”

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