Kavango Resources PLC (LSE:KAV, OTC:KVGOF) has said it will complete the holes in its current drilling campaign in the Kalahari Copper Belt (KCB) in Botswana using diamond drilling following the results from ongoing CSAMT surveys.
Earlier this month, London-listed Kavango reported positive initial results from Controlled-Source Audio Magnetotelluric (CSAMT) surveys over its PL082/2018 licence in KCB.
Kavango said the CSAMT surveys indicate the presence of the crucial D'Kar/Ngwako Pan formational contact within 150 metres to 300 metres of surface. This formational contact is the primary control for economic copper-silver deposits across the KCB.
"The CSAMT survey is providing a potential breakthrough in the Kalahari Copper Belt for Kavango,” said Jeremy S. Brett, senior geophysical consultant to Kavango in a statement. “We are fortunate to be able to test this immediately with drilling.”
Diamond drilling will enable Kavango to test properly the interpretation of the CSAMT data to target depth and retrieve drill core samples for analyses, the company said.
Kavango noted that its expectation is that the core samples will provide valuable geological data that confirms the presence of the crucial D'kar/Ngwako Pan formational contact in Kavango's licence area and, hopefully, copper-silver mineralisation.