#KavangoResources #GoldMining #Zimbabwe #NaraGoldProject #MineralResources #GoldContent #MetalsExploration #TailingsDumps
Kavango Resources, a company focused on exploring metal resources in Southern Africa, has announced a significant discovery at its Nara gold project in Zimbabwe. The company has received its first-ever resource estimate for the two largest tailings dumps located at the site. These dumps are by-products of previous mining operations where valuable gold was not fully extracted.
According to the maiden resource estimate, the indicated mineral resource at the site stands at an impressive 293,000 tonnes. This substantial amount of material has an average gold content of 0.62 grams per tonne (g/t), which cumulatively amounts to approximately 5,860 ounces of gold. In addition to these promising figures, Kavango Resources has also identified an inferred resource. This category includes materials that are considered too speculative geologically to be classified as indicated resources but are estimated based on geological evidence and limited sampling. The inferred resource is estimated at 11,900 tonnes with a slightly higher average gold content of 0.66 g/t, totaling around 253 ounces of contained gold.
This discovery is particularly noteworthy not only because of the gold content but also due to the potential it represents for the extraction and recovery of gold from these tailings dumps. Such activities could provide an environmentally beneficial way to mine gold by reprocessing wastes from past mining activities, thus potentially reducing the environmental footprint of gold extraction. The Nara gold project’s maiden resource estimate marks a significant milestone for Kavango Resources, showcasing its commitment to exploring and advancing metal resource projects in Southern Africa. It also underscores the potential of Zimbabwe as a jurisdiction for gold mining and exploration, presenting a promising outlook for both the company and the local mining industry.
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