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General mining & base metals

Kavango Resources co-founder and non-executive Mike Moles to retire end of this month

“I am delighted with the progress that we have been able to make...particularly in our two major projects, in the Kalahari Copper Belt and the Kalahari Suture Zone,” said Moles

Kavango Resources PLC (LSE:KAV, OTC:KVGOF) said its co-founder and non-executive director Mike Moles will retire at the end of August, although he will continue as a consultant for the mineral exploration company until the end of February 2023.

Moles, a geologist, established Botswana-focused Kavango Minerals with Hillary Gumbo and they floated Kavango Resources PLC (LSE:KAV, OTC:KVGOF) on the London Stock Exchange in 2018.

“I am delighted with the progress that we have been able to make over that time, particularly in our two major projects, in the Kalahari Copper Belt and the Kalahari Suture Zone,” said Moles.

Yesterday Kavango announced that it was looking for potential partners to help develop the large-scale Kalahari Suture Zone project in Botswana.

READ: Kavango Resources seeks partners for KSZ project in Botswana

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