A fantastic and utterly insightful trip to Botswana proves we have a lot to be excited about…

Take a look at this picture:

It looks like an unassuming road sign, signalling the turn off to a town called Hukuntsi.
In fact, that’s exactly what it is.
Chances are, very few people have ever heard of Hukuntsi.
But as we drove past this sign and into Hukuntsi itself, I couldn’t help but think about Norilsk in Russia, perhaps one of the most successful mining regions in the world today.
Before the extensive discoveries of nickel and copper at Norilsk, I doubt anyone would have heard of it either.
Of course, we don’t know if Hukuntsi will become as big as Norilsk, or if there’ll be any significant discoveries at all.
But how I felt driving into Hukuntsi sums up how I felt throughout my trip to Botswana.
The idea that I could very well be witnessing and visiting places that could one day be considered legendary, at least in the world of mining...
Well, we’ll see.
Indeed, the whole trip, I must say, was incredible.
Not just because I saw so much that made me excited about the potential of the projects we have on the ground in Botswana, but because the people, the culture, the general sense of excitement and togetherness, was brilliant.
Botswana is a beautiful place.
As I mentioned in my last Boots on the Ground dispatch, the intel we’ve been getting has been excellent too.
And I’m sure you’ve seen that it’s been a busy period for news out of many of our key projects.
It was great. But so was meeting so many like-minded people face to face. You get to pick up a lot more insight and detail when you’re there in person.
Here we are with the team from the LVR project:

After the excellent exploration results at the LVR licences, we’re very pleased with how this project is coming along and the team involved are great. We spent quite a bit of time last Sunday on PL082 and, I have to say, you can feel the excitement around the targets we’ve identified.
One thing that really struck me on this licence was that this is one of the smallest in our portfolio but is a company maker in its own right. The primary target zone is 27km long. I can’t think of another small cap junior exploration company valued at our current market cap that has so many high-quality, large-scale targets on its books.
We’ve got big plans for the whole Kalahari Copper Belt, and we’re keen to get drilling. My overriding sense is that once we make one discovery, this will be the catalyst for a significant positive rerate in our share price, as the market truly starts to grasp the potential Kavango has to offer.
I expect some more key developments there before too long.
Indeed, when you’re on the ground and meeting so many people, you really get to sense the buzz around what’s going on, and there is a real buzz around the whole KCB right now.
Now that we’re on the verge of securing 100% of the licences from Power Metal, we are primed to become one of the largest landowners in the area, and will have access to some of the most prospective ground.
Hopefully, that will eventually be reflected in the buzz around Kavango itself.
The visit to the Botswana Stock Exchange was a particular highlight. There is nothing to report right now, but I have a number of initiatives I’m working on, so let’s see where they take us:

Over at the KSZ, things are looking very interesting too
Of course, though it’s important to be having the right conversations and the right meetings, my trip wasn’t just about shaking hands.
I was keen to get out on the ground and see for myself what’s going on.
Before we visited the KCB, we were over at the Kalahari Suture Zone.
In fact, here I am inspecting some of the deepest rocks that have ever been recovered from the region:

As well as being some of the deepest samples we’ve ever extracted, what’s more significant is that fact that we now know—thanks to Richard Hornsey’s report—that they are medium enriched for platinum group metals.
This is positive news and because of the work on the ground, we’re upgrading our exploration models as fast as we can to see just how much of an opportunity this could be.
Meeting the teams at the Tshane (KSZ/Ditau) and Ghanzi (KCB) basecamps was a real pleasure, and I must say to them, and to everyone who looked after us on the trip, how much we appreciated it their hospitality and hard work.

I’ve mentioned the KCB and KSZ and I should mention Ditau too.
You will have seen the significant news that we’ve intersected a gold mineralizing system there.
And that we’ve identified copper and iron oxides too.

There’s still work to do, but naturally, there was a lot of excitement and it’s the first time the more experienced members of our team were able to perform a review of the physical cores.
That the area is rich in iron oxides and has anomalous copper and gold could be significant.
As ever, we’ll keep you posted on how it develops and as soon as we know more, so will you.
All in all, as you can probably tell from all the positive news that’s been coming out in the past week or so, our boots on the ground trip to Botswana was a real success and a real pleasure.
Will the places I visited one day be as well known in our circles as the likes of Norilsk as I wondered at the start?
I can’t say for sure.
But the buzz I felt on the ground, the excitement and dedication people bring to the area to find out, and the significant results that are now starting to emerge from the various projects we have there...
It fills me with a lot of confidence.