ZIM: 9.95g/t de oro interceptados en 7.2m Prospect 2
Nota de prensa
23 de abril de 2024
RECURSOS KAVANGO PLC
("Kavango" o "la Compañía")
Hillside Prospect 2 Assay Results
ZIM: 9.95g/t de oro interceptados en 7.2m Prospect 2
Kavango Resources plc (LSE: KAV), the Southern Africa focussed metals exploration company, is pleased to announce the first assay results from the Hillside Prospect 2 gold project ("Prospect 2") in Matabeleland, southern Zimbabwe.
Destacados
· Hole BRDD001 was a scoping hole sited to target mineralisation below multiple sets of artisanal workings on the northern margin of a broad deformation zone.
· BRDD001 was drilled to a total depth of 400.40 m and intersected an intensely deformed and well mineralised zone, 7.2m wide, hosting gold and associated sulphides in anastomosing shears, at a relatively shallow depth.
· Best results* in the hole include:
- 7.2 m @ 9.95 g/t gold from 50.64 m and including 1.61 m @ 31.57 g/t gold.
- 2.00 m @ 2.12 g/t gold from 86.00 m.
· An Induced Polarisation (IP) survey identified a series of IP (chargeability & resistivity) anomalies interpreted to represent a set of anastomosing shears hosted within a broad deformation zone, approximately 700m wide.
- There are no artisanal workings over interpreted additional shears in the central part of the deformation zone.
- Kavango intends to test the gold-bearing potential of these shears in future exploration by drilling a fence of holes to test for a bulk-minable gold deposit across the entire zone.
· Results are pending for NSDD001 (Prospect 3) located on the southern end of the deformation zone.
*All quoted thicknesses are apparent down hole intersection thicknesses
Ben Turney, director ejecutivo de Kavango Resources, comentó:
"Results from Prospect 2 at Hillside are even stronger than those we've recently reported at Prospect 4. The 7.2m wide zone running at 9.95g/t is significant in itself, but viewed in the context of the other gold intercepts in Hole BRDD001 the open-pit potential is clear.
The fact that the 7.2m higher-grade zone is less than 50m below surface is hopefully a promising indicator for follow-up exploration.
Encouragingly, Hole BRDD001 appears to have intercepted the gold-bearing shear zones Hillary Gumbo interpreted from the results of the Induced Polarisation survey over this target. This is further confirmation that the IP we are using is identifying the right structures, following the same success we had at Prospect 4 with Hole SKDD001. We are confident Hillary's IP configuration will prove to be a powerful tool to help us make commercial gold discoveries.
We are now planning more drilling down dip and along strike to evaluate Prospect 2. This is an extremely positive start for this prospect and further underlines Zimbabwe's potential to host a multitude of large-scale, bulk-minable gold deposits."
Prospect 2 Assay Results
Following receipt of encouraging assay results for hole SKDD001 at Prospect 4 and this hole, BRDD001 at Prospect 2 in Hillside (anunciado >>> 15 de abril de 2024), Kavango is proposing additional exploration holes to test the bulk-minable gold potential across Prospects 2 & 3.
Drill hole BRDD001 was originally designed to test the geology underneath current active artisanal workings at Prospect 2. The hole intersected a zone of highly deformed chloritic schist with extensive quartz veining and associated sulphide mineralisation.
A table of significant results and zones of interest is provided below. All of the hole was assayed by the Company.
Agujero no. | soy de | m a | Thickness* m | Oro g/t |
BRDD001 | 50.64 | 57.84 | 7.20 | 9.95 |
Incl. | 53.00 | 54.00 | 1.00 | 13.81 |
Incl. | 53.54 | 54.00 | 0.46 | 8.73 |
Incl. | 55.68 | 57.29 | 1.61 | 31.57 |
also incl. | 56.86 | 57.29 | 0.43 | 84.60 |
BRDD001 | 60.00 | 61.00 | 1.00 | 1.60 |
BRDD001 | 84.00 | 93.00 | 9.00 | 0.66 |
Incl. | 86.00 | 88.00 | 2.00 | 2.12 |
BRDD001 | 101.00 | 102.68 | 1.68 | 0.81 |
BRDD001 | 119.93 | 134.03 | 14.10 | 0.37 |
Incl. | 123.00 | 124.00 | 1.00 | 1.06 |
BRDD001 | 127.00 | 129.00 | 2.00 | 0.75 |
BRDD001 | 129.73 | 130.20 | 0.47 | 0.62 |
BRDD001 | 202.00 | 205.00 | 3.00 | 0.53 |
BRDD001 | 217.73 | 218.36 | 0.63 | 0.68 |
*All thicknesses are apparent downhole intersection thicknesses
The presence of gold in artisanal workings across a deformation zone between Prospects 2 and 3 together with observed disseminated sulphides in the core from BRDD001 led Kavango to conduct an Induced Polarisation ("IP") survey across the deformation zone.
The IP survey identified a broad zone, 700m wide, interpreted to represent a series of shears within a deformation zone. Extensive artisanal workings are developed over interpreted shears on the northern and southern margin but not across the central zone.
Hole BRDD001 appears to have intercepted the interpreted shears under the current artisanal workings on the northern margin. Hole BRDD001 intersected a number of gold-bearing structures, with a shallow broad zone of higher grade intersected (7.2m @ 9.95g/t) coinciding with the first interpreted shear, with multiple narrow lower grade intervals down the hole.
Figure 1: A plan and section of the BRDD001 borehole against a background of artisanal workings, mapped against projected shears based on IP resistivity. NSDD001 also shown and awaiting assays. (Interpretation by Hillary Gumbo, M.Sc., P.Geo.)
Figure 2: A plan and section of the BRDD001 borehole against a background of artisanal workings, mapped against projected shears based on IP chargeability. NSDD001 also shown and awaiting assays. (Interpretation by Hillary Gumbo, M.Sc., P.Geo.)
Siguientes Pasos
Although many of the intersections in this hole tend towards lower grades, the mineralisation at Prospect 2 is understood, from the artisanal workers, to be coarse with an untested nugget effect. Artisanal miners report higher recovered grades from several broad zones. Therefore the Kavango is considering a bulk sample exercise to relate drill core size recoveries and grades to a more realistic large bulk sample recovery and grade.
Kavango will plan follow up drilling along strike and down-dip from hole BRDD001 to understand the geometry and start to assess the potential extent of mineralisation once results are received from NSDD001 at Prospect 3.
Kavango has completed four other holes across its Hillside prospects (see Table 1) and is awaiting assays for three holes.
Prospect | Agujero no. | Initial azimuth O (True N) | Inclinación O | Profundidad total (m) | Assays reported |
Ladera 1
| BLDD001 | 206 | -65 | 196.35 | |
BLDD002 | 206 | -65 | 160.40 | ||
Ladera 2 | BRDD001 | 212 | -60 | 400.40 | This RNS |
Ladera 3 | NSDD001 | 216 | -60 | 301.40 | |
Ladera 4 | SKDD001 | 008 | -60 | 247.40 | 15/04/24 |
Table 1: Kavango Hillside drillholes drilled to date. BRDD001 gold assays are reported here, three remaining holes are pending analysis. Hole co-ordinates are not published here due to confidentiality considerations.
ESTE ANUNCIO CONTIENE INFORMACIÓN PRIVILEGIADA PARA LOS FINES DEL ARTÍCULO 7 DEL REGLAMENTO 2014/596 / UE QUE FORMA PARTE DE LA LEY NACIONAL DEL REINO UNIDO DE CONFORMIDAD CON LOS REGLAMENTOS DE ABUSO DE MERCADO (ENMIENDA) (SALIDA DE LA UE) (SI 2019/310) ("MAR DEL REINO UNIDO") . DESPUÉS DE LA PUBLICACIÓN DE ESTE ANUNCIO, ESTA INFORMACIÓN INTERIOR (COMO SE DEFINE EN EL MAR DEL REINO UNIDO) AHORA SE CONSIDERA QUE ESTÁ EN EL DOMINIO PÚBLICO
Se proporciona más información con respecto a la Compañía y sus intereses comerciales en el sitio web de la Compañía en www.kavangoresources.com y en Twitter en #KAV.
Para más información, póngase en contacto con:
Recursos de Kavango plc
Ben Turney
+46 7697 406 06
Primera Equidad (Broker)
+44 207 374 2212
Jason Robertson
Declaración de persona competente de Kavango
La información técnica contenida en este anuncio relacionada con geología y exploración ha sido leída y aprobada por Brett Grist BSc (Hons) FAusIMM (CP). El Sr. Grist es miembro del Instituto Australasiano de Minería y Metalurgia con estatus de profesional colegiado. El Sr. Grist tiene suficiente experiencia relevante para los programas de exploración y la geología de los principales estilos de mineralización y tipos de depósitos considerados para actuar como una persona calificada según se define en la edición de 2012 del 'Código de Australasia para la presentación de informes de resultados de exploración, recursos minerales'. y Reservas de Mineral'. El señor Grist es un empleado de Kavango Resources plc.
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