Kavango Resources (KAV)

Sector:

Mining

 0.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 1.60p
  • 52 Week Low: 0.63p
  • Currency: UK Pounds
  • Shares Issued: 1,562.68m
  • Volume: 318,149
  • Market Cap: £11.72m
  • RiskGrade: 164
  • Beta: 0.43

Kavango receives Ditau Camp assays back from lab

By Josh White

Date: Thursday 18 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Exploration company Kavango Resources confirmed on Thursday that the assay results from the two holes drilled at the Ditau Camp prospect had been received from Genalysis Laboratories in Australia.
The London-listed firm said a total of 489 core samples were prepared by Intertek Laboratories in Johannesburg, and assayed for 65 elements by Genalysis Laboratories in Australia using aqua regia digest with ICP finish.

Genalysis carried out 12 duplicate check assays, and ran 14 control standards and 14 blanks during the assay run.

Kavango said it was currently undertaking its own programme of checks and duplicates at an independent laboratory.

"We are pleased to have received the assay results from the two drill holes at Ditau," said chief executive officer Michael Foster.

"Kavango is now completing its own check assays at an independent laboratory in South Africa, which is normal industry practice.

"We will then be in a position to fully check, assess and interpret the results so as to formulate our plans for Ditau."

Foster said currently, Kavango's preferred option would be to farm-out the project to an industry partner.

"[This is] mainly due to its size, plus the fact that our main focus remains the Kalahari Suture Zone structure in southwest Botswana where drilling is expected to commence later this quarter."

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

KAV Market Data

Currency UK Pounds
Share Price 0.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 1.60p
52 Week Low 0.63p
Volume 318,149
Shares Issued 1,562.68m
Market Cap £11.72m
Beta 0.43
RiskGrade 164

KAV Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
33.52% above the market average33.52% above the market average33.52% above the market average33.52% above the market average33.52% above the market average
8.66% below the sector average8.66% below the sector average8.66% below the sector average8.66% below the sector average8.66% below the sector average
Price Trend
47.95% below the market average47.95% below the market average47.95% below the market average47.95% below the market average47.95% below the market average
18.25% below the sector average18.25% below the sector average18.25% below the sector average18.25% below the sector average18.25% below the sector average
Income Not Available
Growth Not Available

KAV Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
16:07 746 @ 0.80p
11:07 317,403 @ 0.72p

KAV Key Personnel

CEO Ben Turney

Top of Page