Southern Africa’s mining scene just got some thrilling news! Kavango Resources has unveiled a promising gold deposit at its Hillside Gold Project in Bulawayo, Zimbabwe. This discovery is being hailed as a significant leap forward for the company and reflects its ongoing commitment to boost the nation’s mining industry.
The spotlight is on what Kavango calls the Nightshift Prospect. This newly identified gold deposit boasts of substantial upside potential, alongside impressive yields. By employing state-of-the-art mechanized mining and processing methodologies, Kavango is set to maximize gold production, moving forward with confidence.
What’s even more exhilarating is that a preliminary JORC-compliant Mineral Resource Estimation has surpassed expectations. This has led Kavango to contemplate the development of a more robust 300-tonne-per-day gold processing plant at the Bills Luck Gold Mine, an upgrade from the initially planned 200 tpd. It signals both ambition and an optimistic forecast for the future of gold extraction in the region.
CEO Ben Turney expressed his enthusiasm about this groundbreaking discovery. “This maiden JORC resource at Nightshift is a defining moment for Kavango. It proves that our gold development strategy in Zimbabwe is effective and our focus on rapid, near-surface production targets is yielding results,” he remarked. His confidence in the project stems from the dedicated efforts of the Kavango team, who have been tirelessly working to establish a strong foundation for early cash flow.
The initial drilling has only ventured across about 15% of the 700-meter strike, going down just 50 meters vertically. The aim was to delineate a starter resource, but exceeding benchmarks during exploration suggests the Nightshift Prospect may hold even greater potential. Excitingly, gold-bearing structures discovered over 200 meters below the surface hint at promising underground mining opportunities.
This news not only showcases Kavango Resources’ determination but also shines a spotlight on Zimbabwe’s vibrant mining scene. With innovative strategies and a robust project pipeline, the future looks bright for both Kavango and the broader mining community in the region.
Stay tuned as we watch this story unfold!
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