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Message: [QUOTE="Queen, post: 86460, member: 27"] Kavango Resources just dropped a maiden resource estimate of 33,900 gold ounces at Bill's Luck Mine, worth 179.26 million dollars, as production gears up in Zimbabwe. The JORC-compliant resource breakdown at Bill's Luck [LIST] [*]The estimate totals 33,900 ounces at 2.68 grammes per tonne overall. [*]Measured category holds 2,600 ounces at 3.3 grammes per tonne concentration. [*]Indicated category contains 13,400 ounces at 2.7 grammes per tonne grade. [*]The inferred category accounts for 18,000 ounces at 2.6 grammes per tonne. [/LIST] Hillside Gold Project's expanding resource portfolio [LIST] [*]Bill's Luck is one of four key prospects within the Hillside Gold Project. [*]Britain, Nightshift, and Steenbok round out the other prospects under development. [*]Hillside now holds 52,900 total JORC-compliant ounces valued at 265.69 million dollars. [*]Nightshift contributed 19,000 ounces when announced in October 2025. [/LIST] Production infrastructure and extraction strategy [LIST] [*]A 50-tonne-per-day Carbon-In-Pulp plant is set for Q1 2026 commissioning. [*]Kavango will use contractor-mined sands and ore from Bill's Luck initially. [*]The British miner is redeveloping and re-equipping the historic operating mine. [*]CIP plants deliver higher throughput and gold recovery than traditional stamp milling methods. [/LIST] Management's vision for long-term mine development [LIST] [*]Interim leader Peter Wynter Bee called Bill's Luck a meaningful, long-term contributor. [*]The mine has been worked intermittently for over a century before modernization. [*]Delineation paves the way for longer-term planning and efficient extraction processes. [*]Small-scale trial mining at Nightshift could boost output further going forward. [/LIST] [/QUOTE]

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