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ZIM - Hillside Prospect 4 Assay Results

Kavango Resources plc (LSE: KAV), the Southern Africa focussed metals exploration company, is pleased to announce the first assay results from the Hillside Prospect 4 gold project ("Prospect 4") in Matabeleland, southern Zimbabwe.

ZIM: 29g/t gold intercepted over 2.5m at Hillside

ZIM: 29g/t gold intercepted over 2.5m at Hillside

 

  • Hole SKDD001 was a scoping hole sited to target mineralisation in a steeply dipping shear zone below artisanal workings (announced >>> 25 January 2024).
  • SKDD001 was drilled to a total depth of 247.40 m and intersected the targeted shear zone being worked by the artisanal miners.
  • Best results* in the hole include:
    • 2.53 m @ 29.08 g/t gold from 97.47 m, associated with visible gold (average peak grade of 212.07 g/t over 0.34 m).
    • 1.32 m @ 1.80 g/t gold from 214.46 m.
  • The hole contains multiple further broad zones of geochemically anomalous gold values thought to relate to additional shear zones.
  • An Induced Polarisation (IP) survey identified three further potential shear zones, parallel to the one being worked by artisanal miners.
  • Results are pending on four other holes drilled across three other Hillside prospects.
  • Kavango Mining to examine near surface gold mining potential at Prospect 4, based on intersected grades and ongoing artisanal mining in the area.

*All quoted thicknesses are apparent down hole intersection thicknesses

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