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Kavango Resources Seeks Joint Venture for Kalahari Copper Belt

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Kavango Resources Seeks Joint Venture for Kalahari Copper Belt

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

Kavango Resources PLC is exploring strategic options for its Kalahari Copper Belt mineral portfolio in Botswana, which includes a 6,200km² license area. The company has reported promising initial results from diamond drilling at the Karakubis prospect, indicating copper mineralization and favorable geological conditions, but there is no certainty of a transaction or its terms.

More about Kavango Resources

Kavango Resources PLC is a metals exploration and gold production company focused on Southern Africa. The company is engaged in exploring mineral portfolios, particularly in the Kalahari Copper Belt in Botswana.

YTD Price Performance: -30.30%

Average Trading Volume: 1,958,026

Technical Sentiment Signal: Sell

Current Market Cap: £20.9M

For a thorough assessment of KAV stock, go to TipRanks’ Stock Analysis page.

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