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Kavango Resources Reports Promising Gold Intercepts at Zimbabwe’s Steenbok Target

Story Highlights
  • Kavango Resources reports significant gold intercepts at the Steenbok Target in Zimbabwe.
  • The company plans further exploration and drilling to assess mining potential at the site.
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Kavango Resources Reports Promising Gold Intercepts at Zimbabwe’s Steenbok Target

Confident Investing Starts Here:

Kavango Resources ( (GB:KAV) ) has shared an announcement.

Kavango Resources has announced significant gold intercepts at the Steenbok Target within the Hillside Project in Zimbabwe, following 3,232 meters of diamond drilling. The results indicate 69 significant gold intersections, with 41 exceeding 1g/t, supporting the interpretation of a structurally hosted vein system. The company plans to continue exploration and geotechnical drilling to further assess the potential for future mining operations, highlighting the project’s promising comparison to high-grade gold systems in Western Australia.

More about Kavango Resources

Kavango Resources PLC is a Southern Africa-focused company specializing in metals exploration and gold production. The company is actively engaged in exploring and developing gold prospects in Zimbabwe, with a particular focus on the Hillside Project.

Average Trading Volume: 2,304,760

Technical Sentiment Signal: Hold

Current Market Cap: £25.91M

For an in-depth examination of KAV stock, go to TipRanks’ Overview page.

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