Kavango Resources shares on the move as test data boosts Hillside gold project

Kavango Resources PLC (LSE:KAV, OTC:KVGOF) shares were on the move on Wednesday, as it reported metallurgical testwork from the Hillside Gold Project in Zimbabwe, which the company said delivered high recoveries and standard processing requirements, clearing a key technical step as it prepares to bring its 50 tonnes-per-day gold plant into operation. The Southern Africa-focused metals exploration and gold production company highlighted that ideal laboratory recoveries exceeded 95%, with real-world plant recoveries expected in the 90–93% range.