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okenia
@DkOkenia
, 16 tweets, 5 min read Read on Twitter
A bit of background to #KAV @KavangoRes and their RNS today, which is generating deserved interest 1/
In much of the world, the low-hanging fruit have been found. "Out cropping, at-surface" etc.

Explorers are now having to move to new areas, where there are no visible signs at surface to guide them. 2/
Good examples of this are #MOD @ModResources in Botswana. Their T3 deposit is hidden under featureless desert. It was found by soil anomalies and fancy geophysics before drilling. 3/
Otherwise, you wouldn't know it's there. 4/
#GGP @GreatlandGold have also had great success in Australia, again with little to no visible clue at surface as to what is beneath. 5/
Modern exploration is thus heavily dependent on pushing the envelope with technologies that can look under such cover and find targets to test with the drill bit. 6/
#KAV are again hunting in featureless terrain in Botswana, like #MOD. Their hypothesis, their geological model of flows of metal-rich rock, requires looking a few hundred metres into the rock. 7/
Featureless desert. 8/
Licence area the size of Wales. 9/
The answer is to use airborne EM to look for metal-rich conductors at depth. Trouble is, traditional airborne EM has a depth limit due to EM noise from the chopper etc. 10/
#KAV geologist Mike Moles explains the background very helpfully here:



11/
The breakthrough in the last couple of years is a new 12.5 Hz technique pioneered by Danish firm SkyTEM. This probes much much deeper into the sediments and well into the region #KAV are targeting

12/
This has now allowed #KAV to see uptown 700m deep into the sediment and intrusions, which is just what was needed. That's today's RNS. 13/
Lot's of pretty pictures to geek out on here:

kavangoresources.com/projects/kalah… 14/
Look at the intrusions on that one. 15/
In conclusion - the SkyTEM seems to have delivered what was needed, giving data on the areas #KAV wanted.

That's now generated drill targets to be tested. end/
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okenia
@DkOkenia
#KAV @KavangoRes is setting itself up to be a very attractive pure "discovery drilling" play, and its showing all the right signs. 1/
First, #KAV is first-hole-in-an-area, pure discovery drilling.

Not infill, step-out or other follow-on holes. Yes these are a necessary part of the journey of a junior, but market excitement comes at initial discovery. 2/
Second, potential for scale. The business model for what I view as a "proper" junior (IYSWIM) is to find an asset large enough to be of interest to pass on to a mid-tier or major.

The KSZ licence area is huge, the length of Wales. 3/
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