Kavango Resources
Financials:
Primary ticker: LON:KAV
Stage of development: Exploration
Primary minerals: Copper, Nickel, Silver, Rare Earth Elements
Project to promote: Kalahari Suture Zone, Kalahari Copper Belt, Ditau
Project location: Botswana
Website: www.kavangoresources.com
Kavango Resources is a multi-commodity exploration company, primarily focussed on discovering large scale copper and nickel deposits in Botswana through three main projects. Kalahari Copper Belt (“KCB”) is targeting significant copper-silver mineralisation within one of the most prospective copper belts in the world. Kalahari Suture Zone (“KSZ”) is a potential tier one Ni-Cu-PGE metal sulphide deposit and 15 contains 100% owned prospecting licences. Ditau is targeting rare earth element potential and recently confirmed an IOCG system. We are well funded and actively engaged in an exploration drilling campaign.
Cash: GBP$3.5M
Debt: NIL
Major shareholders:
Nominee account holders and Independent shareholders – 72%
Directors & Management – 17%
Other Founders – 11%
Management Profile
Ben Turney – CEO
I joined the board of Kavango in January 2021 and became CEO in June of that year. Since then, I have recruited key personnel and raised significant amounts of capital for the company. I have also overseen our extensive geophysical and exploration drilling work, putting us in an excellent position to make a major discovery.
What is your rationale for taking part 121 Mining Investment?
We are keen to attract new shareholders to the company, as well as to potential potential JV partners to help us maximise the opportunity in our highly prospective land package.
What recent news would you like to highlight to investors attending?
Our Strategic Financing to raise £3m
https://polaris.brighterir.com/public/kavango_resources_plc/news/rns/story/w31p3dx
A further Strategic Financing to raise a further £500k
https://polaris.brighterir.com/public/kavango_resources_plc/news/rns/story/w31pkzx
Our latest drilling update in the KCB
https://polaris.brighterir.com/public/kavango_resources_plc/news/rns/story/xegno2w
Confirmation of an IOCG system at Ditau
https://polaris.brighterir.com/public/kavango_resources_plc/news/rns/story/xpn3l1r
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Complete the KCB drill programme
6 Months:
Continue with exploration work in the KSZ, potentially with a JV partner
12 Months:
Bring the company to a major discovery
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Financing – we believe our investor relations work is among the best in the small-cap space in London
Drilling – we have partnered with Equity Drilling/Mindea Exploration & Drilling Pty, who are recognised as being among the region’s best drilling outfits
Access to technology – our strategic partnership with Spectral Geophysics has guaranteed us access to the best remote sensing technology available in Botswana
Operational – We have recruited excellent people in Botswana with a high level of technical expertise and experience
What do you think makes your company such a compelling investment?
We are a well financed exploration business in a high-quality and stable jurisdiction with a high chance of making a near term discovery.
What are the top 3 key investor takeaways?
1) We have a highly prospective land package (14,500kmsq) in one of Africa’s most stable jurisdictions
2) We use modern technology in an integrated exploration strategy that is primed for acceleration
3) We have a growing number of drill targets and are highly focussed on making a major discovery