Kavango Resources (KAV)

Sector:

Mining

 0.85p
   
  • Change Today:
      0.000p
  • 52 Week High: 1.58
  • 52 Week Low: 0.63
  • Currency: UK Pounds
  • Shares Issued: 3,048.71m
  • Volume: 1,279,500
  • Market Cap: £25.91m
  • RiskGrade: 164
  • Beta: 0.00

Kavango receives Ditau Camp assays back from lab

By Josh White

Date: Thursday 18 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Exploration company Kavango Resources confirmed on Thursday that the assay results from the two holes drilled at the Ditau Camp prospect had been received from Genalysis Laboratories in Australia.
The London-listed firm said a total of 489 core samples were prepared by Intertek Laboratories in Johannesburg, and assayed for 65 elements by Genalysis Laboratories in Australia using aqua regia digest with ICP finish.

Genalysis carried out 12 duplicate check assays, and ran 14 control standards and 14 blanks during the assay run.

Kavango said it was currently undertaking its own programme of checks and duplicates at an independent laboratory.

"We are pleased to have received the assay results from the two drill holes at Ditau," said chief executive officer Michael Foster.

"Kavango is now completing its own check assays at an independent laboratory in South Africa, which is normal industry practice.

"We will then be in a position to fully check, assess and interpret the results so as to formulate our plans for Ditau."

Foster said currently, Kavango's preferred option would be to farm-out the project to an industry partner.

"[This is] mainly due to its size, plus the fact that our main focus remains the Kalahari Suture Zone structure in southwest Botswana where drilling is expected to commence later this quarter."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

KAV Market Data

Currency UK Pounds
Share Price 0.85p
Change Today 0.000p
% Change 0.00 %
52 Week High 1.58
52 Week Low 0.63
Volume 1,279,500
Shares Issued 3,048.71m
Market Cap £25.91m
Beta 0.00
RiskGrade 164

KAV Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
25.5% below the market average25.5% below the market average25.5% below the market average25.5% below the market average25.5% below the market average
60.63% below the sector average60.63% below the sector average60.63% below the sector average60.63% below the sector average60.63% below the sector average
Price Trend
21.21% below the market average21.21% below the market average21.21% below the market average21.21% below the market average21.21% below the market average
4.55% above the sector average4.55% above the sector average4.55% above the sector average4.55% above the sector average4.55% above the sector average
Income Not Available
Growth Not Available

KAV Dividends

No dividends found

Trades for 06-Jun-2025

Time Volume / Share Price
16:19 28,886 @ 0.85p
16:19 24,886 @ 0.85p
15:10 1,000,000 @ 0.87p
13:58 114,277 @ 0.87p
11:21 1,732 @ 0.80p

KAV Key Personnel

CEO Ben Turney

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