Kavango Resources pushed back the deadline for buying the Nara Gold Project in Zimbabwe to late February while both sides wrap up paperwork. The site covers 45 claims across four old mines that pulled over 90,000 ounces out of the ground, but never got proper modern exploration work done.
The company already has three Zimbabwe projects on the books, with Hillside being the main focus right now. Purebond Limited committed 5 million dollars back in the summer to help pay for Nara and cover development costs, and that money ties into a potential listing on the Victoria Falls Stock Exchange.
Kavango thinks flooded lower levels at the Killarney Mine might be hiding untapped gold deposits, and drilling confirmed mineralized zones below existing workings that could extend deeper and along strike.
The company already has three Zimbabwe projects on the books, with Hillside being the main focus right now. Purebond Limited committed 5 million dollars back in the summer to help pay for Nara and cover development costs, and that money ties into a potential listing on the Victoria Falls Stock Exchange.
Kavango thinks flooded lower levels at the Killarney Mine might be hiding untapped gold deposits, and drilling confirmed mineralized zones below existing workings that could extend deeper and along strike.
