It’s an remarkable 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, Steel Tiger () and Sandfire ().
The formal joint venture was signed in mid-February subsequent an first memorandum of knowledge that was agreed in September of 2019. But it is not most likely to conclusion there.
“We’re in the system of putting jointly fairly a considerable land bundle in that region,” states Kavango’s chief government Mike Foster.
“We have plans to extend our ground keeping more.”
Partly that is because of the massive prospectivity of the areas Kavango is focusing on, but it is also because of the beneficial reception the move has obtained in the market.
Right after all, investors are only much too cognizant of the change Steel Tiger was capable to make on its expense in the nearby