Kavango Resources Reports Promising Gold Assay Results at Prospect 3

Kavango Resources ( (GB:KAV) ) just unveiled an update.

Kavango Resources has reported promising assay results from its preliminary resource drilling at Prospect 3 on the Hillside Gold Project in Zimbabwe. The drilling revealed higher-than-expected gold grades within six mineralized shear zones, suggesting potential for near-term open-pit mining and subsequent underground mechanized mining. The results indicate a robust mineralized system, with plans for further drilling to explore the extent of gold mineralization, potentially leading to a significant gold discovery.

More about Kavango Resources

Kavango Resources PLC is a metals exploration and gold production company focused on Southern Africa. The company primarily engages in exploring and developing gold mining projects, with a market focus on leveraging modern mechanized mining methods to enhance gold production.

YTD Price Performance: 30.0%

Average Trading Volume: 65,920

Technical Sentiment Signal: Buy

Current Market Cap: $31.44M

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