It’s an exciting addition to the () portfolio: a joint venture on two copper exploration licences just a few kilometres away from the ground famously worked up by MOD, Metal Tiger () and Sandfire ().
The formal joint venture was signed in mid-February following an initial memorandum of understanding that was agreed in September of 2019. But it’s not likely to end there.
“We’re in the process of putting together quite a substantial land package in that area,” says Kavango’s chief executive Mike Foster.
“We have plans to extend our ground holding further.”
Partly that’s because of the huge prospectivity