Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
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Description
Kavango Resources (AIM:KAV), is an exploration & development company working in Southern Africa developing bulk mining opportunities in Bulawayo, Zimbabwe and exploring large scale copper discoveries in Botswana’s Kalahari Copper Belt. Ben Turney, CEO joined the focusIR May investor webinar, live from Bulawayo, Zimbabwe, to discuss recent developments at Kavango. In this presentation Investors will learn: - Why Kavango is developing a mining division to develop two opportunities at the Nara and Hillside licences near Bulawaya - What the development plans are for tailings deposit at Nara which has also established a maiden JORC resource of 6,000 ounces of Gold - Why the business is now focussing on near-term revenue opportunities as well long-term copper exploration at the Karakubis Block in the Kalahari Copper Belt. -What the primary "Use of Funds" will be from the recent £3.08m accelerated book build, underwritten by major shareholder Purebond, with the list if placing participants including non-executive director Peter Wynter-Bee and Ben himself.
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