PRESS
RELEASE
11 April
2024
KAVANGO RESOURCES PLC
("Kavango" or "the
Company")
ZIM: Grant of sample export
permit
Kavango Resources plc (LSE:KAV), the Southern
Africa focussed metals exploration company, is pleased to announce
the receipt of authorisation to export drill core samples from the
Hillside gold project in Zimbabwe.
·
Approval granted to the current Hillside project owner by the
Ministry of Mines and Mining Development for the export of up to
2,500kg of drill core samples for analysis, valid for three
months.
·
Export will include the drillholes already completed by
Kavango at Hillside together with any new holes.
· This
will allow analysis for multiple elements that cannot be readily
analysed in Zimbabwe, and which data Kavango wish to use to
characterise mineralisation and alteration to target further
exploration.
Ben Turney,
Chief executive of Kavango Resources, commented:
"This is an
encouraging development for our exploration programmes in Zimbabwe.
It is imperative we use the full range of modern analytical tools
and techniques to conduct high-quality exploration. Our objective
is to make large-scale gold discoveries that can be brought into
production and contribute to the 2030 Vision of turning Zimbabwe
into an upper middle-income economy.
I would like
to thank the Ministry of Mines and Mining Development for the
support they have given us in working towards this goal. The
growing strength of our relationship will enable us to make
significant investment of funds and skills into Zimbabwe's emergent
gold exploration sector.
We look
forward to working closely with the Ministry over the coming years,
to develop international-standard working practices in minerals
exploration in Zimbabwe that will attract other companies into this
space."
Further
information in respect of the Company and its business interests is
provided on the Company's website at www.kavangoresources.com and
on Twitter at #KAV.
Further information in respect of the Company
and its business interests is provided on the Company's website at
www.kavangoresources.com and on Twitter at #KAV.
For further information please
contact:
Kavango
Resources
plc
Ben Turney
+46 7697 406 06
First Equity (Broker)
+44 207 374 2212
Jason
Robertson
Kavango
Competent Person Statement
The technical information contained in this
announcement pertaining to geology and exploration have been read
and approved by Brett Grist BSc(Hons) FAusIMM (CP). Mr Grist
is a Fellow of the Australasian Institute of Mining and Metallurgy
with Chartered Professional status. Mr Grist has sufficient
experience that is relevant to the exploration programmes and
geology of the main styles of mineralisation and deposit types
under consideration to act as a Qualified Person as defined in the
2012 Edition of the 'Australasian Code for Reporting of Exploration
Results, Mineral Resources and Ore Reserves'. Mr Grist is an
employee of Kavango Resources plc.