Kavango Resources (GB:KAV) has released an update.
Kavango Resources PLC, a Southern Africa focused metals exploration company, has announced robust interim financial results, highlighted by the initiation of gold production at its Hillside project and successful funding rounds raising over £5 million. The company has reported a gross profit from mining activities and a net loss for the period as it continues to aggressively expand exploration in Zimbabwe and Botswana. Kavango is also making significant progress on its various projects, with positive drilling results and an upgraded resource estimate at the Nara project.
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