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Kavango Resources found 19,000 oz of gold in Zimbabwe, exceeding expectations and boosting plans for mine expansion.
Kavango Resources has discovered a significant gold deposit at its Hillside Gold Project in Zimbabwe’s Bulawayo region, with a preliminary JORC-compliant estimate of 19,000 ounces at 0.86 grams per tonne.
The Nightshift Prospect, part of the Filabusi Green Belt Zone, spans 700 meters in strike length and shows potential for both open-pit and underground mining.
The find, confirmed after two years of exploration, exceeds expectations and has prompted plans to increase processing capacity at the nearby Bills Luck Mine from 200 to 300 tonnes per day.
The company views the discovery as a milestone in its strategy to develop a high-output mine.
Kavango Resources encontró 19.000 onzas de oro en Zimbabue, superando las expectativas y impulsando los planes para la expansión de la mina.