- Kavango Resources said signs of metal sulphides were discovered following drilling at its Kalahari project in Botswana.

Two gabbro sills containing disseminated sulphide mineralization had been intersected at 340m and 367m, respectively, and were each about one third of a metre thick. Gabbro sills had also been intersected in reverse circulation drillholes (RIT50DH1 & RIT50DH2), which lied 10km south of Hukunts.

Drilling on the third and last target hole was currently in progress. 'It is expected that the study of thin sections and whole rock analyses will confirm the primary origin of the sulphides and thus the potential for these gabbros to host economically viable metal suphide deposits,' said chief executive Michael Foster.

At 8:58am: [LON:KAV] Kavango Resources Plc Ord 0.1p share price was +0.35p at 2.5p

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