|I’ve had some great emails in from readers recently…
And I must say thanks to those who’ve been in touch. It’s reassuring to have readers so engaged in what we’re doing.
Indeed, last week, I asked for your questions about the current drilling campaign in the Kalahari Copper Belt, which is focused on our PL082 licence.
We’ve been collating responses ever since.
As I always point out, here at Kavango, we want to make sure that investors know they can contact us with any questions they do have, wherever they have them.
But I invited specific questions on this occasion because our COO, Brett Grist has just been over to Botswana to see how things are progressing at the KCB.
Now he’s back, I passed the questions over to him and you can find his answers here:
Where has this drilling campaign focused within PL082?
The majority of drilling is presently being aimed at the Northern Zone within PL082.
This work integrates with the extensive Controlled Source Audio Magnetotelluric (“CSAMT”) surveying carried out on the licence, with each hole helping to upgrade our interpretation of data from this cutting-edge tool allowing us to see large-scale geological structures.
When do you expect to have results from the drilling that’s been done so far?
We plan to announce the results of the drilling when the overall campaign has completed.
The program has been slower than we would have liked, partly due to some difficult ground conditions, which is one of the reasons why I recently visited Botswana again–I like to see things first-hand. The drilling is now progressing well once again, and we are on our sixth hole.
What has Kavango learned about the KCB from this current drill campaign that it can take into future campaigns?
We are exploring largely blind targets. As a result, every hole we drill has a transformative effect on our knowledge.
As you’d imagine, against this backdrop, the potential validation of CSAMT by the drilling could be a real game changer in this environment if it delivers in the way we hope.
What are your next steps in regards to this current drill campaign?
The current hole will suspend shortly for Christmas, and then restart around 10 January.
As each hole progresses, we carry out geological logging and gather magnetic susceptibility data. This is then modelled alongside our CSAMT inversions, enabling us to plan holes in real time on a dynamic basis.
Indeed, while we have a long list of targets, this is the starting point. The individual holes (and licences) are moved up and down our priority list based on our latest understanding as it comes in.
Our targets also extend into the other licences. While we have started on PL082, as it was the most advanced licence, I am also excited about the licences towards the Namibian border. We are working to get those to a drill optimised state, and have recently completed CSAMT over them.
What has been your biggest takeaway from this trip?
I have been very impressed by the progress made by the team since I joined, in particular on data.
Exploration is data driven, and this needs to flow across the team in close to real-time. We are now able to see core logs and photography within hours of the core being drilled. This helps the team make fully informed decisions.