Kavango Resources Reports Promising Gold Assay Results at Prospect 3

PUBLISHED: May 02 2025 @ 03:10 | Comments (0) | More info about Fiona Craig

Kavango Resources (LSE:KAV) has announced encouraging assay results from its initial resource drilling at Prospect 3, part of the Hillside Gold Project in Zimbabwe. The drilling has revealed gold grades higher than initially anticipated across six mineralized shear zones. This discovery indicates the potential for near-term open-pit mining, followed by mechanized underground mining. The results point to a promising mineralized system, and the company is planning further drilling to assess the full extent of gold mineralization, which could lead to a major gold find.

About Kavango Resources

Kavango Resources PLC is a leading metals exploration and gold production company, with a focus on Southern Africa. The company is dedicated to exploring and developing gold mining projects and aims to enhance production by utilizing modern mechanized mining techniques.

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Technical Sentiment Indicator: Buy
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