Kavango Resources (LSE:KAV) has reported positive results from its drilling program at the Bill’s Luck Gold Mine in Zimbabwe. The company confirmed significant gold intersections from the first two completed diamond drill holes, marking an important milestone in its strategy to move from exploration toward large-scale production. These results form the basis for establishing an initial mineral resource estimate, a key step in advancing the project.
Looking ahead, Kavango plans to continue shaft sinking to expand mining operations and increase output, with the goal of strengthening its market presence and delivering meaningful returns to stakeholders.
About Kavango Resources
Kavango Resources PLC is a metals exploration and development company focused on Southern Africa. In Zimbabwe, the group is advancing a portfolio of gold projects, including the Hillside and Nara properties, which it owns outright. Its strategy centers on transforming high-potential exploration sites into commercially viable mining operations using modern, mechanized methods across both open-pit and underground settings.
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