Kavango Resources has remodelled and refocused its efforts on two opportunities at the B1 target area at its Kalahari Suture Zone prospect in Botswana.
The B1 Target Area is located above the Great Red Spot (the "GRS"), a large-scale 5km by 8km coincident magnetic and gravity anomaly in the northern (Hukuntsi) section of the Kalahari Suture Zone..
The re-modelled B1 Target Area contains two-conductor targets that Kavango believes are prospective for nickel/copper (Ni/Cu) sulphides.
Target B1-1 is a shallowly dipping modelled plate, with a conductance of 16,000 Siemens. This level of conductance is consistent with possible Ni/Cu massive sulphides
Target B1-2 is a vertically dipping modelled plate with a conductance of 2,500 Siemens, and is consistent with the presence of possible Ni/Cu net textured sulphides
Ben Turney, Kavango Resources’ chief executive, said: "Armed with the downhole survey data we gathered from KSZDD002, we have a high degree of confidence in the configuration of the follow-up Surface TDEM and DHEM surveys over the B1 Target Area.
These have been designed to refine the geometries of the two targets we have modelled.
The 16,000 Siemens, slightly dipping modelled body is of most interest at this stage. As exciting as this target could be, we have to plan prudently to maximise our chances of intercepting it with the drill bit at the next attempt.
We will mobilise the team and surveying equipment to test as quickly as we can this target and the 2,500 Siemen vertically dipping modelled body.
“Thanks to the drilling of KSZDD002, we now have two conductors as priority future exploration targets.”