Kavango Resources PLC LSE:KAV

Kavango Resources is an exploration and development company targeting world-class base and precious metal discoveries in Botswana and Zimbabwe. The Company’s highly experienced board and management teams have a track record of delivering projects and creating shareholder value in Africa. Alongside its specialist partners, Kavango uses modern exploration technology to uncover mineralisation in historically overlooked project areas. Zimbabwe Nara project -Covers four historic underground mines with a total recorded production of 92,000oz gold. The average grade of ore mined was 9.76g/t -5,860-ounce JORC compliant Indicated gold mineral resource estimate dated 5/3/24, which covers two tailings dumps Hillside project -Three priority near-surface prospects within trend including a mine that has produced 18,000oz of historical underground gold production -Kavango recently took over existing mining operations and aims to double production to 1kg a month by year-end Leopard project -Historic underground gold production -Non-code compliant historic resource of 1Mt ore grading 5.5g/t gold Botswana Kalahari Copper Belt (KCB) -Targeting significant copper-silver mineralization within one of the world’s most prospective copper belts -18 Prospecting Licences along strike from large-scale producing copper/silver mines -Physical/geophysical data suggests basin margins and folds run through Kavango licences -Indicators of copper/silver pathfinder minerals from analysis of historic data Kalahari Suture Zone (KSZ) -Targeting the discovery of a world class Ni-Cu-PGE metal sulphide deposit in SW Botswana -16 Prospecting Licences covering the majority of the 450km-long Kalahari Suture Zone Ditau Project -Targeting Banded Iron Formation-hosted Lode Gold potential -Core review identified >470m extension to mineralised BIF intercepted at i10 target