Kavango exploration expenses spike

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KAVANGO Resources says pre-licence exploration expenses jumped to US$4,82 million in the six months to June 30, 2025 up from US$1,06 million a year earlier as it aggressively pushes to secure new Zimbabwean gold assets.The miner holds options on multiple Zimbabwean licences, including the Nara, Leopard and Hillside projects.“The group incurs option fees to gain…