Kalahari Key Mineral Exploration Pty Limited (KKME)

 

Evrima Plc holds a 19.6% equity interest in Kalahari Key Mineral Exploration Company (Pty) Limited.

KKME is a private mineral exploration company registered in Botswana, engaged in the development of its Nickel-Copper-Platinum Group Metals (Ni-Cu-PGM) project called the Molopo Farms Complex. 

 

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KKME Overview

A Botswana registered company with a 100% interest in the Molopo Farms Complex Project in South West Botswana.

In 2014 KKME acquired two mineral exploration licenses from the Botswana Government. The licenses cover the eastern and central parts of a shear/feeder zone through the centre of the Bushveld-related Molopo Farms Complex in southern Botswana. A third licence was acquired in early 2018 immediately to the south. In total the MFC covers an area of 2,725sq km.

The primary target for KKME is Ni-Cu-PGM mineralization in the geophysically delineated major ENE-WSW Jwaneng-Makopong Shear/Feeder Zone through the centre of the MFC. KKME’s re-interpretation of the available geophysical data shows that individual lithological units are deformed into laterally continuous lenses parallel to the ENE-WSW strike of the host shear/feeder zone.

A second type of target is massive or disseminated Ni-sulphide deposits at the base of, or within the ultramafic zone of the MFC. Major nickel deposits occur in major structural conduits that link into the roots of large igneous provinces near the edges of old cratons i.e. in similar settings to the shear/feeder zone of the MFC.

KKME has recently undertaken a high-resolution, helicopter-borne electromagnetic and magnetic survey using New Resolution Geophysics’ Xcite System™.

The helicopter-borne electro-magnetic (“EM”) survey over the Molopo Farms Feeder Zone project area identified 17 sub-surface conductor targets and follow up ground EM surveys over 14 of the targets produced at least 5 high priority targets of considerable size and scale for which 8 drill holes have been designed to penetrate all targets.

The targets are highly conductive bodies which could potentially be host to massive nickel sulphides due to the spatial location, particular geological setting and associated magnetic response.