Kavango Resources PLC (LSE:KAV, OTC:KVGOF) has commenced drilling at its Kalahari Copper Belt project in Botswana.
The first hole will test the Central Zone of licence PL082/2018, a well-defined copper anomaly that is 27 kilometres in strike and contains multiple targets prospective for copper and silver mineralisation.
The target depth of the first hole will be up to 250 metres.
Up to six exploration holes are planned in the current phase.
"Each hole that we drill in the Kalahari Copper Belt could lead to a significant discovery,” said Ben Turney, chief executive of Kavango.
“Our team has done fantastic work over the last 18 months to bring us to this point and our future exploration is a simple numbers game. The more we drill, the greater the chance we have of success. Reverse circulation drilling is highly cost-effective and will enable us to cover a great deal of ground in a relatively short period of time. With so many high-priority drill targets across our portfolio, we are excited about what the coming months will bring."
Drilling is expected to complete by early November. Upon completion of each hole, samples will be sent to an internationally accredited laboratory for testing.
In parallel with drilling, Kavango is completing an CSAMT survey of up to 17 line kilometres within PL082/2018. The company's objective is to provide resolution of the anticipated anticline structure and to ensure optimal drill orientation. Future drill target locations will be finalised, based on drill data and CSAMT interpretation.