Kavango Resources Plc

KAV

GB00BF0VMV24

Specialty Mining & Metals

Market Closed - London S.E. Other stock markets 11:35:01 2024-06-28 EDT			5-day change	1st Jan Change
1.25 ^GBX	-7.41%		-7.41%	+92.31%

06-19	Kavango excited about discovery drilling at Zimbabwe project	AN
06-19	Kavango Resources Begins Next Phase of Discovery Drilling in Zimbabwe Gold Project	MT

Kavango agrees call option extension for Hillside project

January 23, 2024 at 01:44 pm

Kavango Resources PLC - Southern Africa-focused metals explorer - Agrees with sellers of Hillside project in Zimbabwe to extend the period for exercise of the option by 90 days. Parties entered original agreement on July 25 with an initial six-month term, with expiration on Wednesday.

Kavango meant to exercise option on Wednesday based on technical data gathered from exploration of Hillside, but has decided to wait so it and sellers can review the impact of recent changes to Zimbabwe's Finance Act, in particular the imposition of a mining 'Special Capital Gains Tax'. Continues Hillside exploration and drilling.

Current stock price: 0.67 pence, up 2.9% on Tuesday in London

12-month change: down 52%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
DOW JONES AFRICA TITANS 50 INDEX	474.1 PTS	-0.34%	+1.00%	-
S&P AFRICA 40 INDEX	161.4 PTS	+0.34%	+0.68%	-
KAVANGO RESOURCES PLC	1.25 GBX	-7.41%	-7.41%	26.68M

Latest news about Kavango Resources Plc

Kavango excited about discovery drilling at Zimbabwe project	06-19	AN
Kavango Resources Begins Next Phase of Discovery Drilling in Zimbabwe Gold Project	06-19	MT
Kavango starts first drilling at Karakubis targets	06-17	AN
Kavango Resources plc Commences Drilling its First High Priority Targets at the Karakubis Copper Project in Botswana's Kalahari Copper Belt	06-17	CI
Kavango moves forward with Botswana drilling as targets identified	05-31	AN
Kavango Resources Appoints Deputy Chairman	05-30	MT
Kavango Resources Plc Announces Board Changes	05-30	CI
EARNINGS AND TRADING: Various Eateries and Luceco see sales climb	05-14	AN
Kavango encouraged by mineralisation findings in Zimbabwe	05-10	AN
Kavango Resources Outlines Potential Mineralization at Zimbabwe Gold Project	05-10	MT
Microsaic wins contract; Frontier inks Canadian deal	05-02	AN
Kavango Resources raises GBP3.1 million via bookbuild	05-01	AN
Smarttech247 inks USD2.1 million contract	04-29	AN
EARNINGS AND TRADING: Graft Polymer extends loan; ASA profit down 30%	04-23	AN
Kavango finds 9.95 gold grammes per tonne at Hillside	04-23	AN
Kavango Resources Reports Interception of Gold Mineralization at Zimbabwe Project	04-23	MT
Kavango Resources Plc exercised option to acquire Hillside Project and Leopard South Project.	04-22	CI
Kavango finds potentially mineralised zones at Hillside	04-22	AN
Kavango Resources Launches Tender for Drilling at Botswana Project	04-19	MT
Kavango Resources announces drill tender for drilling at Karakubis	04-19	AN
Kavango Resources loss widens; eyes Kalahari drilling start	04-18	AN
Kavango Resources Plc Reports Earnings Results for the Full Year Ended December 31, 2023	04-18	CI
EARNINGS AND TRADING: AssetCo deputy retiring, Chapel Down ups revenue	04-16	AN
Kavango celebrates drilling results at Hillside, Zimbabwe	04-15	AN
Kavango Resources plc Announces the First Assay Results from the Hillside Prospect 4 Gold Project in Matabeleland, Southern Zimbabwe	04-15	CI

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Company Profile

Kavango Resources plc is a metals exploration company. The Company has interests in about 12 prospecting licenses, totaling over 5,000 square kilometers in the Kalahari Copper Belt (KCB), where it is targeting copper-silver mineralization. Its Kalahari Suture Zone Project covers a large portion of the KSZ magnetic anomaly in southwest Botswana. It has interests in four licenses at Ditau Project. The Ditau Project covers about 2,652.9 square kilometers in southwest Botswana. It has an option to acquire a producing gold exploration project in Matabeleland, southern Zimbabwe. The Nara Project comprises about 45 contiguous gold claims, located in the Matabeleland South area near the Zimbabwean city of Bulawayo. The licenses are hosted in a package of meta sediments and intersected by a regional shear zone. The Company also has an option to acquire Hillside Project and Leopard Project. The Hillside Project is located within 30 kilometers (km) of Nara on the Greenstone belt.

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Specialty Mining & Metals

Calendar

2024-08-04 - Q2 2024 Earnings Release (Projected)

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Other Specialty Mining & Metals

Kavango Resources Plc

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KAV

GB00BF0VMV24

Specialty Mining & Metals

Kavango agrees call option extension for Hillside project

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Income Statement Evolution

Sector Other Specialty Mining & Metals