FTSE All Share Kavango Resources Advances Gold Drilling at Bill’s Luck in Zimbabwe

3 min read | August 12, 2025 12:18 AM AEST | By Team Kalkine Media

Highlights

  • Kavango Resources initiates a multiphase drilling programme at Bill’s Luck Gold Mine in Zimbabwe’s Hillside Project.

  • Drilling aims to define a maiden gold resource to support mine planning and extend mine life.

  • The project includes diamond and reverse circulation drilling along key mineralised shear zones near Main, Roscor, and West Shafts.

Kavango Resources plc, listed on the FTSE All Share, operates in the metals exploration and gold production sector, focusing on projects in Southern Africa. The company recently commenced resource drilling at the Bill’s Luck Gold Mine, part of the Hillside Project in Zimbabwe. The mining industry plays a significant role in the regional economy, contributing through exploration and production activities that uncover and develop mineral resources.

Drilling Programme Objectives

The resource drilling programme by Kavango Resources (LSE:KAV) is structured in phases to delineate a maiden mineral resource estimate for Bill’s Luck. This initial stage involves diamond drilling designed to cover wider spaced holes for mineral identification. Following this, infill diamond drilling will provide detailed information to enhance resource confidence. A separate reverse circulation drilling campaign will test the lateral continuity of gold zones along strike to the northwest and southeast of the current mine workings.

Focus Areas for Drilling

The diamond drilling will primarily target areas near the Main Shaft and Roscor Shaft with the aim of confirming and expanding mineralised zones previously identified through exploration. The programme is expected to characterise multiple shear-hosted gold zones over a defined strike length. Infill reverse circulation drilling will further assess the lateral continuity and depth extensions of these zones, supporting detailed mine planning efforts.

Data Utilisation and Mine Planning

Data obtained from the drilling activities will support geological modelling and inform scheduling decisions for mine development. By defining a mineable resource, Kavango aims to underpin the design and operation of mining infrastructure, including the placement and capacity of processing plants.

Operations at Bill’s Luck

Bill’s Luck contains several gold ore shoots, with the main shoot positioned near the Main Shaft. The project also involves the Roscor and West Shafts, where local contract miners are currently extracting ore. This ore is processed at the Hillside milling centre, providing valuable operational information to Kavango ahead of the drilling programme. The phased drilling approach marks a strategic transition from exploration to resource definition and scaling up production. Kavango Resources forms part of the FTSE All Share, reflecting its inclusion among UK-listed companies in the mining sector.

 

Frequently Asked Questions

  • What type of drilling is being used at Bill’s Luck?
    The programme includes diamond drilling for detailed mineral sampling and reverse circulation drilling to test lateral continuity along strike.
  • Where is Kavango Resources focused geographically?
    The company’s primary focus is Southern Africa, with current activities centred on the Hillside Project in Zimbabwe.
  • How will the drilling data be used?
    The data will support mineral resource modelling and guide mine planning and scheduling at Bill’s Luck.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.