- Kavango Resources said it had completed the second phase of an airborne electromagnetic survey of its prospecting licences in southwest Botswana.

The data was currently being interpreted and modelled by external consultant Aarhus Geophysics in conjunction with survey conductor SkyTEM.

Results of the interpretation, with priority targets for ground follow-up and drilling, would be announced when they become available.

'We are pleased to announce the successful conclusion of SkyTEM's AEM survey covering the northern part of Kalahari Suture Zone project area,' chief executive Michael Foster said.

'The KSZ project covers over 9,000 km2 of prospective ground for the discovery of base metal deposits in southwest Botswana.'

'The company has now covered approximately 50% of the KSZ licence area with airborne geophysics.'

'The key now is for a thorough ground follow up plus of course drilling of further priority targets over the coming months.'

At 1:40pm: [LON:KAV] Kavango Resources Plc Ord 0.1p share price was +0.4p at 2.93p

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