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Kavango Resources ( (GB:KAV) ) has shared an announcement.
Kavango Resources has released a technical update on its Hillside Project in Zimbabwe, highlighting significant progress in understanding the structural controls on gold mineralization within the Filabusi Greenstone Belt. The company’s technical team, alongside Murgana Structural Consulting, has confirmed the presence of gold-bearing quartz veins within shear zones, providing crucial insights into mineralized domain geometry and exploration strategies. This development is expected to accelerate the advancement of their mining targets, including Bill’s Luck, Steenbok, and Nightshift, enhancing Kavango’s strategic positioning in the gold exploration industry.
More about Kavango Resources
Kavango Resources PLC is a metals exploration and gold production company focused on Southern Africa. The company is actively exploring gold deposits in Zimbabwe, particularly within the Filabusi Greenstone Belt, with the aim of developing commercial-scale production through modern mechanized mining and processing. Kavango owns 100% of the Hillside Gold Project and is in the process of acquiring the Nara Gold Project.
YTD Price Performance: 42.42%
Average Trading Volume: 2,577,522
Technical Sentiment Signal: Buy
Current Market Cap: £35.82M
For detailed information about KAV stock, go to TipRanks’ Stock Analysis page.