Kavango Resources’ gold assay results for its recent soil sampling programme at Prospect 4, Hillside Project in Matabeleland, Zimbabwe, have returned anomalous gold in soil values over an area of 1.5km².
The area is underlain by greenstones and granites, offset by a regional shear with multiple quartz-vein complexes producing gold from artisanal surface workings.
It said the assay results confirm a larger mineralised system presently being worked only locally by the artisanal miners.
They also indicate the possible presence of additional potential gold-bearing structures that have not yet been tested or worked on.
“Today's soil sample assays confirm the wider potential for a possible minable gold ore body around this target,” said company chief executive Ben Turney.
“We will now follow up with an Induced Polarisation survey to see if we can identify further concealed shear zones that have not previously been uncovered by local artisanal mining. If such structures exist, which the soil assays suggest is probable, this will increase our confidence ahead of further drilling.”
Kavango said it intends to recommence drilling at Prospect 4, once it completes comparing assays from the bulk sampling programme with assays from the drill programme.
Mathew Nyaungwa, Editor in Chief, Rough&Polished
