Kavango Resources plc (LSE: KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce encouraging initial results from the airborne electromagnetic ('AEM') surveys recently flown over the Company's interests in the Kalahari Copper Belt ('KCB').

Kavango's projects in the KCB include: The South Ghanzi Project - 50% working interests in Prospecting Licences ('PLs') PL036/2020 and PL037/2020, to be held in a Strategic Joint Venture with Power Metal Resources (LSE:POW), which cover 1,294km2 (the 'POW SJV')

The LVR Project - Earning in a 90% interest in PLs PL082/2018 & PL 083/2018, held in a Joint Venture with LVR GeoExplorers (Pty) Ltd ('LVR'), which cover 1,091km2 (the 'LVR JV')

Michael Foster, Chief Executive Officer of Kavango Resources, commented: 'We are confident in the results we've seen so far across our various interests in the KCB. Although we are at an early stage of exploration, it is pleasing to see different early data sets correlate to one another. Over the coming months our priority remains to identify targets for drilling campaigns in the KCB later this year.'

Contact:

Michael Foster

Tel: +44 207 374 2212

Kavango Competent Person Statement

The information in this press release that relates to 'geological and/or geophysical results' for the South Ghanzi Project is based on information compiled or reviewed by Mr Mike Moles BSc (Geology) & BSocSci (African Studies), a competent person who is a Member of the Australian Institute of Mining & Metallurgy. Mr Moles has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration and to the activity, which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Moles consents to the inclusion in this release of the exploration results for the Project in the form and context in which it appears. Mr Moles is a beneficial shareholder of Kavango Resources plc.

(C) 2021 Electronic News Publishing, source ENP Newswire