BRITISH miner Kavango Resources Plc (Kavango) is expecting significant growth following the appointment of Everjoy Ngomamiti as general manager for its mining operations in Zimbabwe, the firm revealed.
Announcing the leadership change, chief executive officer Matthew Turney said Ngomamiti’s appointment would help accelerate development at the company’s flagship Hillside Project in southern Zimbabwe, where Kavango has been ramping up exploration and early-stage mining.
Ngomamiti, appointed on Monday, revealed that Kavango’s claims within the Filabusi Green Belt Zone sit on a 10-million-ounce gold resource, which the company aims to develop into a tier-one mine producing over 500 000 ounces annually within five years.
“Following yesterday’s appointment of Everjoy Ngomamiti as our general manager for mining operations, we are positioned to move quickly on these excellent results and accelerate our plans to increase gold production at this mine,” Turney told shareholders a day after the appointment.
“It is clear that Bill’s Luck is significantly bigger than we originally interpreted. We intersected gold-bearing quartz veins across many of the holes we drilled.
“The discovery of new gold mineralised reefs and gold mineralisation running to at least 180m depth highlight the exceptional opportunity in this system.”
As part of efforts to improve operational clarity and investor communication, Kavango has reverted to using historic names for four of the six gold prospects at Hillside. These are Bill’s Luck, Britain, Nightshift, and Steenbok — previously referred to as Prospects 1 through 4.
“This was a significant mine development campaign for Kavango. During the first half of this year, we drilled 3 800m of combined diamond core and reverse circulation drilling to test the strike extent and down dip continuity at Bill's Luck,” Turney said.
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“We also checked the extents of historical voids from previous mining, to define safe mining limits for current operations, and took the opportunity to test targets in the hanging wall and foot-wall of the main reef.”
Turney said the company had likely identified four distinct ore shoots that exhibit typical “pinch and swell” characteristics.
“This is in keeping with what we have encountered in mining operations at Bill’s Luck,” he said.
“The grade distribution and discovery of parallel structures that could extend for 1,5km of strike, make this a highly prospective target for near-term development.
“With the potential to add new sources of ore and build out mineable reserves, we are now assessing options to upgrade production significantly at Bill’s Luck over the course of 2025.”
Kavango’s other two mining projects in Zimbabwe are the Nara Gold (Nara) and Leopard Projects (Leopard).
“Kavango Resources Plc, the Southern Africa-focused metals exploration and gold production company, is pleased to announce the discovery of new gold-bearing structures or ‘reefs’ at the Bill’s Luck Gold Mine (Bill’s Luck or the Mine) on the Hillside Project (Hillside), Zimbabwe,” Kavango said.
“Kavango has been mining gold at Bill’s Luck since August 2024. The company has drilled over 3 800m of combined diamond and reverse circulation (RC) drilling to test targets for near-term development.”
The miner said the new gold-bearing structures were both along strike and downdip from current mining operations, suggesting a much larger gold system than originally anticipated.
“Results are highly encouraging and significantly raise the company’s expectations for the commercial potential at Bill’s Luck,” Kavango said.
“To this end, Kavango is considering options to upgrade mining and production capacity at the mine over the remainder of 2025.”
