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Kavango Resources PLC (LSE:KAV) announces major gold discovery at Nara Project - 293,000 tonnes Indicated & 11,900 tonnes inferred, paving the way for early commercialisation🇧🇼📈 "This Maiden Resource Estimate for gold for the Nara tailings dumps is the first Mineral Resource Estimate Kavango has delivered. It's a milestone moment for our company and reflects the speed at which we are growing in Zimbabwe" "Given that this is a tailings dump, all material has already been mined and there are no further mining costs. The Resource Estimate and high resource category achieved underline the commercial potential at Nara" "While our primary objective is to discover larger-scale, bulk mineable gold deposits, the 6,000 ounces of gold in the main tailings dump present an early opportunity for commercialising this project" "The free cash flow we could generate from processing the gold in the Nara tailings can help fund both our development of this project and our wider exploration across Zimbabwe's highly prospective, under-explored greenstone belts. We will now commence metallurgical test work to optimise plant design to enable future gold production," - Kavango Resources Chief Executive Officer Ben Turney #LON #Mining #Investing #Copper #Gold #Botswana Subscribe to the weekly Stock Market Newsletter www.themarketbull.com.au https://lnkd.in/guuBK6hx

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