100% Kavango (subject to exercise of option)
Bulk mineable gold deposit
The Hillside Project is located within 30km of Nara on the same Greenstone belt.
The Project contains a historic high-grade underground mine that produced a reported 18,000 ounces of gold from ore at a grade of 7.7 grams per tonne over a strike length of more than 350m.
Kavango has identified multiple zones with the potential for scheelite and gold production parallel to the trend responsible for historical production. Within these zones, the Company has designated three prospects as a priority due to their near-surface, bulk mining potential.
Kavango believes Hillside has the potential to host a bulk mineable gold deposit. The Company has entered an exclusive option to acquire the asset.
It has prepared an exploration plan for these prospects, which will include (but not necessarily be limited to):
- Surface surveying
- Drilling to assess geology, nature of mineralisation, grade, and geophysical properties