Ben Turney, Chief Executive Officer of Kavango Resources (LON:KAV) Talking To Share Talk
Apr 03, 10:19 AM
It has been a while since we last spoke to Ben, the recent news was the preliminary interpretation for geophysical survey data on its property in Botswana’s Kalahari Copper Belt (“KCB”), from South Africa-based New Resolution Geophysics.
Ben Turney comments on Kavango's analysis of regional copper-silver deposits in the KCB. He notes the importance of basin and sub-basin structures, including basin margins and intravaginal highs, in sedimentary copper models. Turney expresses confidence in the company’s exploration program in the KCB, suggesting that their data points to the presence of a large-scale system capable of hosting significant copper-silver deposits. Plans for further ground geophysics and drilling later in the quarter are mentioned.
Key insights from this content include:
Ben Turney comments on Kavango's analysis of regional copper-silver deposits in the KCB. He notes the importance of basin and sub-basin structures, including basin margins and intravaginal highs, in sedimentary copper models. Turney expresses confidence in the company’s exploration program in the KCB, suggesting that their data points to the presence of a large-scale system capable of hosting significant copper-silver deposits. Plans for further ground geophysics and drilling later in the quarter are mentioned.
Key insights from this content include:
- Focus: Recent geophysical survey data on Kavango Resources' property in the Kalahari Copper Belt (KCB) in Botswana.
- Key Finding: A WSW-ENE trending ~9 milligal gravity high at Kara, under the Kara anticline.
- Historic Drilling Data: Confirms the existence of lower D'Kar Formation in the mapped fold structures.
- Analysis of Copper-Silver Deposits: Emphasis on the role of basin and sub-basin structures, including basin margins and intrabasinal highs in sedimentary copper models.
- Company’s Confidence: Kavango believes their ground covers a large-scale system that could host significant copper-silver deposits.
- Exploration Programme: The integration of different exploration data sets pointing to the potential for significant deposits.
- Next Steps: Defining final target areas for ground geophysics and drilling planned later in the quarter.
- Team’s Contribution: Acknowledgement of the Kavango team’s efforts in the exploration program.
Kavango Resources (LON: KAV) BOTS – Preliminary KCB Heliborne Geophysics Interp
Highlights
· Helicopter-borne gravity has clearly defined a WSW-ENE trending ~9 milliGal gravity high (Kara) underlying the Kara Anticline.
· Historic drilling by ENRG, from whom Kavango in 2023 acquired a 90% interest in 6 licences, confirms the existence of lower DKF in the fold structures recently mapped and noted pathfinder minerals, pyrite, sphalerite, and galena.
Ben Turney, Chief Executive Officer of Kavango Resources, commented:
“Based on its analysis of regional copper-silver deposits in the KCB, Kavango believes the configuration of basin and sub-basin structures, including basin margins and intra-basinal highs, plays a pivotal role in many sedimentary copper models.
We’re quietly confident our Kalahari Copper Belt exploration programme is going to deliver.
The different exploration data sets we’ve gathered appears to point in the same direction, namely that our ground covers the style of large-scale system that could host significant copper-silver deposits.
We are now defining final target areas to test with ground geophysics and then drilling a little later this quarter.
This is great work from the Kavango team. Thank you all.”
The NRG geophysical survey covered 2,374 line-km of helicopter heliborne Time Domain Electromagnetic (“EM”), Magnetic, and Gravity data (announced >>> 22 March 2024)
· Helicopter-borne gravity has clearly defined a WSW-ENE trending ~9 milliGal gravity high (Kara) underlying the Kara Anticline.
· Historic drilling by ENRG, from whom Kavango in 2023 acquired a 90% interest in 6 licences, confirms the existence of lower DKF in the fold structures recently mapped and noted pathfinder minerals, pyrite, sphalerite, and galena.
Ben Turney, Chief Executive Officer of Kavango Resources, commented:
“Based on its analysis of regional copper-silver deposits in the KCB, Kavango believes the configuration of basin and sub-basin structures, including basin margins and intra-basinal highs, plays a pivotal role in many sedimentary copper models.
We’re quietly confident our Kalahari Copper Belt exploration programme is going to deliver.
The different exploration data sets we’ve gathered appears to point in the same direction, namely that our ground covers the style of large-scale system that could host significant copper-silver deposits.
We are now defining final target areas to test with ground geophysics and then drilling a little later this quarter.
This is great work from the Kavango team. Thank you all.”
The NRG geophysical survey covered 2,374 line-km of helicopter heliborne Time Domain Electromagnetic (“EM”), Magnetic, and Gravity data (announced >>> 22 March 2024)