Kavango Resources PLC (LSE:KAV) (LSE:KAV) (LSE:KAV) Ben Turney talks to Proactive about being awarded two new prospecting licences on the KSZ project in Botswana.
These licences are on its flagship copper-nickel-PGM project in Botswana, at 1,258km2.
Chief executive Turney says these licenses along with working capital over £3million mean they are well-positioned to take full advantage of its strategic hold over this highly prospective region.
He also comments on the market reaction to the news last week of deciding to expand the current drilling campaign at its Kalahari Suture Zone (KSZ) project in Botswana after the first drill hole was completed on the Hukuntsi (northern) section.