British miner targets high-return Zim deals

📅 Published: August 18, 2025

📰 Source: theindependent

Curated by AllZimNews.com

The proposed VFEX listing follows Kavango’s July announcement that it had intercepted a high gold grade of 11,79 grammes per tonne during drilling at Bill’s Luck Gold Mine, part of its large Hillside Gold Project.

The firm’s strategy centres on identifying initial three-year mineable resources, with an anticipated payback period of about 18 months.

Turney said the move from exploration to production marks a pivotal stage for the company, with speed being a key advantage. “Kavango’s strategy in Zimbabwe is to discover new gold mines, in known producing areas, and bring these into production as quickly as we can.

Our investment model is based on initial three-year mineable resources because we are anticipating payback periods in the region of 18 months,” Turney said. “Now that we are making the progression from gold exploration to production, it is an exciting time to be involved in this business, especially given the speed at which we are moving. ”
Kavango has three projects in Zimbabwe — Hillside, Nara Gold and Leopard. 🔗

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