On Tuesday, Kavango Resources PLC said that the Department of Mines in Botswana has granted it one new prospecting license in addition to renewing six existing ones.
The London-listed mining company said that the new license and five of the renewals are in the Kalahari Suture Zone, and one renewal was at the Ditau project. The company’s total mineral rights in Botswana now cover 14,316 square kilometres.
The securing of the licenses will allow the company to plan a substantial work program across it portfolio and advance discussions with customers. The six licenses in the Kalahari Suture Zone are particularly important, confirming its hold over the copper and nickel project, Kavango said.
“With its strategically significant mineral-rights package, Kavango is well placed to become a major player in the Botswanan metals’ exploration space,” Chief Executive Ben Turney said.