Kavango Resources (GB:KAV) has released an update.
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Kavango Resources has initiated drilling at Prospect 3 in Zimbabwe, aiming to establish a mineral resource for a potential open-pit gold mine. The company’s exploration data suggests significant potential for commercial-scale mining, with current artisanal workings already yielding gold. Kavango plans to advance through multiple phases, including resource definition and technical assessments, to pave the way for future gold production.
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