Kavango Resources: Unlocking Gold and Copper Mineral Potential with Exploration

• Kavango Resources is a metals exploration company with projects in Zimbabwe and Botswana, focusing on gold and copper deposits.
• The company has secured significant investment from the Kansagra family and aims to generate near-term revenue through small-scale mining contracts in Zimbabwe.
• Kavango's exploration strategy in Zimbabwe targets bulk mineable open-pit gold deposits, to discover million-ounce resources at their Nara and Hillside projects.
• The company benefits from extensive historical data allowing it to efficiently target prospective areas for drilling.
• Kavango Resources plans to continue exploration efforts in both Zimbabwe and Botswana, with the potential for a major copper discovery in the Kalahari Copper Belt.

Exploring Copper and Gold Opportunities in Southern Africa

Kavango Resources, a metals exploration company with projects in Zimbabwe and Botswana, presents a compelling investment opportunity for those seeking exposure to the potential of untapped mineral resources in southern Africa. The company's focus on gold exploration in Zimbabwe and copper exploration in Botswana, combined with its strong financial backing and experienced management team, positions Kavango Resources for success in the near and long term.

Interview with Chief Executive Officer, Ben Turney

Kansagra Family Investment

One of the key factors that sets Kavango Resources apart from other exploration companies is the significant investment from the Kansagra family. The Kansagra's who have built a successful pan-African conglomerate with interests in mining, oil and gas industries over the past 50 years, have taken a 52% stake in Kavango Resources through their investment vehicle called Purebond Ltd. This investment not only provides the company with the financial resources to pursue its exploration objectives but also demonstrates the Kansagra family's confidence in Kavango's management team and projects.

Kavango CEO Ben Turney emphasizes the importance of this investment, stating, "The Kansagra family has put faith in our company. I really felt it was necessary and appropriate for me to step up to the challenge, step up to the plate, and come and lead the business from the ground."

Near-Term Revenue Generation

While Kavango Resources remains focused on its primary goal of discovering large-scale gold and copper deposits, the company has also recognized the opportunity for near-term revenue generation through small-scale mining contracts in Zimbabwe. By securing these contracts and modernizing existing mining operations, Kavango aims to establish a profitable mining business that can contribute to its ongoing exploration efforts.

"In parallel to our larger-scale exploration, we also wanted to look at opportunities for bringing revenue into the company and increasing that revenue in the short term."

Exploration Strategy in Zimbabwe

Kavango's exploration strategy in Zimbabwe centers on targeting bulk minable open-pit gold deposits, with a particular focus on the Nara and Hillside projects. The company aims to discover million-ounce resources at each of these projects, leveraging the extensive historical data available and the expertise of its geological team.

The company's recent acquisition of Steve Smith's data resources further bolsters its exploration capabilities. Smith, who used to work as business development manager for Anglo American in Tanzania, has over 6 million ounces of gold discoveries under his belt, and has spent the last 15 years working in the Matabeleland gold fields of southern Zimbabwe.

The data he has collected could well help guide Kavango in efficiently targeting prospective areas for drilling.

Potential in the Kalahari Copper Belt

In addition to its gold exploration projects in Zimbabwe, Kavango Resources is also actively exploring for copper in the Kalahari Copper Belt of Botswana. The company recently flew airborne surveys over its properties in the region and plans to commence drilling soon. Kavango has identified 2 potential copper mineralizing systems that it intends to test.

A significant copper discovery in the Kalahari Copper Belt could serve as a catalyst for Kavango's share price, given the growing global demand for copper driven by the transition to clean energy and electrification.

Kavango Resources' unique combination of strong financial backing, experienced management, and prospective gold and copper exploration projects in Zimbabwe and Botswana make it an attractive investment opportunity for those looking to capitalize on the untapped mineral potential of southern Africa. With near-term revenue generation through small-scale mining contracts and the potential for major discoveries in both gold and copper, Kavango Resources is well-positioned for growth in the years ahead.

The Investment Thesis for Kavango Resources

• Strong financial backing from the Kansagra family, providing resources for exploration and demonstrating confidence in the company's management and projects.
• Near-term revenue generation potential through small-scale mining contracts in Zimbabwe, which can support ongoing exploration efforts.
• Focused exploration strategy targeting bulk minable open-pit gold deposits in Zimbabwe, with the goal of discovering million-ounce resources at the Nara and Hillside projects.
• Access to extensive historical data and the expertise of geologist Steve Smith, allowing for efficient targeting of prospective areas for drilling.
• Potential for a major copper discovery in the Kalahari Copper Belt of Botswana, which could serve as a significant catalyst for the company's share price.
• Experienced management team, led by CEO Ben Turney, who has demonstrated a strong commitment to the company's success by relocating to Zimbabwe.

Actionable Advice

• Consider investing in Kavango Resources for exposure to the potential of untapped mineral resources in southern Africa, particularly gold in Zimbabwe and copper in Botswana.
• Monitor the company's progress in securing and modernizing small-scale mining contracts in Zimbabwe, as this could provide a steady revenue stream to support exploration efforts.
• Pay attention to drill results from the Nara and Hillside projects in Zimbabwe, as a significant gold discovery could lead to a re-rating of the company's shares.
• Watch for news of a potential copper discovery in the Kalahari Copper Belt, which could serve as a major catalyst for Kavango's share price.

Kavango Resources offers investors an opportunity to gain exposure to the untapped mineral potential of southern Africa, particularly in Zimbabwe and Botswana. The company's strong financial backing, experienced management team, and focused exploration strategy targeting both gold and copper deposits position it for success in the near and long term. With the potential for near-term revenue generation through small-scale mining contracts and the possibility of major discoveries in both gold and copper, Kavango Resources is an exploration company worth considering for investors looking to diversify their portfolio with exposure to the African mining sector.

Macro Thematic Analysis

The investment case for Kavango Resources is underpinned by several key macro themes, including the growing global demand for copper and the untapped mineral potential of southern Africa. As the world transitions towards clean energy and electrification, the demand for copper is expected to soar in the coming years. This bodes well for Kavango's copper exploration efforts in the Kalahari Copper Belt of Botswana, where a significant discovery could transform the company's fortunes.

Moreover, southern Africa, and Zimbabwe in particular, remains a largely underexplored region with vast mineral potential. As CEO Ben Turney notes,

"Zimbabwe's geology and Zimbabwe's terrain hasn't changed in that period, but it hasn't yet experienced that boom. So what we are now looking for are exactly those types of deposits that the Australians found and started to monetize heavily."

This highlights the potential for Kavango to make significant gold discoveries in Zimbabwe, which could unlock substantial value for investors.