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Pin to quick picksBotswana Diam Share News (BOD)

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Botswana Diamonds discovers octahedron in sample material

Tue, 25th Oct 2016 11:22

(ShareCast News) - Botswana Diamonds announced on Tuesday that a diamond has been found in the early stage of the re-analysis by Alrosa specialists of concentrate from large diameter drilling on kimberlite pipe AK21 on PL 260.The AIM-traded firm said it is a 1mm octahedron-shaped diamond.It had previously announced that two large diameter drill holes were completed on AK21 on Licence PL 260 in April.Eighty tonnes of samples were sent to a processing facility in South Africa, and control micro diamonds were included in the material, in line with best practice to detect inefficacies in the processing plant.The results from the laboratory demonstrated that test work was insufficiently robust as no diamonds were recovered, not even the control diamonds.Accordingly, Botswana Diamonds recovered the concentrate from the processing facility and re-analysed it using Alrosa mineralogists, who travelled from Russia to Botswana.The first 20kg re-analysed produced a 1mm octahedron diamond - a newly discovered diamond and not one of the control stones.A further 60kg of sample is currently being analysed, the company said."The Alrosa/BOD joint venture identified licence PL 260 in Orapa as having strong potential," said Botswana Diamonds chairman John Teeling."It had already identified anomalies which deserved attention."Moreover, historical drilling had found several diamonds, albeit not yet enough to be commercial grade."Teeling said the company now believed that there is commercial potential, so it has undertaken both a core hole and a LDD hole programme."The discovery of a 1mm diamond in the first 20kg of material is a positive development as we now know there are diamonds in the pipe."We have more work to do on the material."Teeling confirmed the current core hole drilling is on a known kimberlite, AK 22, which is close to AK 21."We have intersected the pipe and are pleased with the material being recovered."
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New prospecting license awarded to Botswana Diamonds joint venture

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11 Sep 2015 09:36

Botswana Diamonds rallies as it begins work on Orapa project

(ShareCast News) - Botswana Diamonds and its joint venture partner Alrosa have started working on the Orapa project in Botswana. The company said drilling will commence imminently on licence PL 210 and will be completed by the end of September. Following this, the team will move to its licences in

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11 Sep 2015 07:29

Botswana Diamonds Says Drilling Starts At Orapa Project

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3 Sep 2015 08:31

Botswana Diamonds To Conduct Three-Hole Drilling Programme On Orapa

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18 Jun 2015 10:58

Botswana Diamonds Finds Strong Anomaly On Botswana Licence

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31 Mar 2015 14:35

Botswana Diamonds sinks after discounted fundraising

Shares in AIM tiddler Botswana Diamonds dipped sharply after it raised £282,500 in a strongly discounted institutional placing. Botswana raised the money at a placing price of 1p per share, a 28% discount to the share's closing price on Monday. The shares were trading above 2p until November. Led b

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