Botswana Diamonds PLC - London-based exploration & project development company focused on Botswana and South Africa - Starts drilling on high-grade anomalies on Thorny River in the Limpopo province of South Africa. Plans a minimum of ten reverse circulation drill holes at four high-grade gravity anomalies, as well as one highly prospective target identified by research firm Subterrane Ltd. Says the goal of the drilling programme is to discover additional "blows" on the property in order to expand the resource. This will pave the way for a future mining license or permit application. Expects the drilling to take around two weeks.
Current stock price: 0.925 pence
12-month change: up 5.7%
By Abby Amoakuh; abbyamoakuh@alliancenews.com
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Botswana Diam (BOD)