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Not a time to play the market with this share. More news on the way from left field I think.
However what a mouthwatering RNS that was. Next to link the pipes and make an easier mine potential. Marsfontain 2+ I think here.
If you have not read this yet then it is a must on the Background of Thorny River up to 2018.
https://botswanadiamonds.co.uk/wp-content/uploads/2021/05/Vutomi-CPR-Documents-2018.pdf
Jaime L. B. Presser
Jaime L. B. Presser
• 3rd+
Diamond Geology
8h • 8 hours ago
Is Marsfontein the pipe of lamproite (Kaapvaal type) one of the richest already mined? Will he be alone ?, What does the Thorny River Kimberlite Project (Zebedelia) tell us?
Marsfontein: 667 cpht-initial and 81 cpht closing.
Thorny River Kimberlite Project (Zebedelia) was raging between 100 to 20 cpht on the explored dike levees. .... "These lamproite dikes that apparently cut the lamproite pipes frequently" !!!
It is time to show evidence of what has been frequently said.
The figure shows one of the Thorny River Kimberlite Project dikes (Zebedelia), where the satellite image shows 2 probable pipes, which could have been in a situation of 2 interpenetrated lobes.?
The Thorny River Kimberlite Project (Zebedelia) can be consulted at:
https://lnkd.in/di2yPpE
According to the configuration or the architecture of the basement, the environment is only compared to the one reproduced together with the International and Diavik pipes !!! So it is likely that Botswana Diamonds PLC is on "King Solomon's mines" of diamonds.
The area itself goes beyond the limits of the Thorny River Kimberlite Project (Zebedelia) and there could be more and better surprises !!!
To run Gentlemen that there may be one of the most productive clusters of diamond deposits in lamproites !!! So much so that the north dike of Thorny River Kimberlite Project (Zebedelia) also seems to cut another pipe !!!
James C., I hope you are grateful, where do I send you the material? -your email?
I Clarify
it's just a sample, I don't give gifts
So it's not just me who thinks there are multiple pipes to be found in the Thorny River area.
This should inspire all investors to hold and buy more.
https://twitter.com/JAHC1/status/1421376632972062721
From the RNS on the discovery of the second blow we can see the intention to test the area between this and River Pipe 1
· The new blow (swell in the kimberlite dyke) is about the same size as the River Blow discovered at Thorny River in November 2020
· A doubling of the planned six holes to twelve took the discovery close to the River discovery
· The widest kimberlite intersected was 18 metres
· The Board expects that further drilling should join the two discoveries into one continuous blow
Chairman John Teeling commented: "These are very good results. What was originally a six-hole Reverse Circulation drilling programme going eastwards from the River Blow was led westwards by good ongoing drilling indications, including one hole with an 18-metre intersection of kimberlite. An additional six holes brought the drilling close to the River Blow. We fully expect the next phase of drilling to join the two discoveries into one continuous blow. This would double the volume of ore. It is worth noting that the kimberlite dyke system at Thorny River contains an average 60 diamond carats per one hundred tons of ore. We expect the current discovery to maintain that pattern."
Think this might be for the infill drilling to prove the connection between the two blows.
https://twitter.com/BotswanaDiamond/status/1420278986022735872
"Exploration over the last three to four years has enabled the company to discover two blows on the Thorny River area, where very detailed geophysics and drilling has been carried out and where further drilling and bulk sampling is imminent."
Further drilling refers to the interconnection between the two blows or pipes. If they had not found this connection then bulk sampling would have been the next step. However, the potential of linking the two discoveries is massive in terms of mine management and increased resources.
I think we all understand that initial discovery to mining can be a long journey, as seen by the Marsfontain mine. I think it was 7 years mainly due to nobody wanting to put funds into it after discovery. What a mistake that was.
At River pipe and the rest of TR we are well down that 7-year journey and more importantly, each stage has proved up what a first-class discovery this is. We are already almost at the stage of announcing a major new resource. We could be months away from bulk sampling which will in itself generate income. This is an ever-increasing resource that I feel we are only as yet scratching at.
If you need to look for a more mature mining opportunity then look no further than KX36. This is a ready to mine discovery. We have a partner who has a time-limited offer to do the bulk sampling here then we are at the ready to go stage.
As I said we continue to prove up and build on the assets we have at a minimum cost. What is not to like about this under the radar company.
I am also anticipating more exciting news on this second front.
The high grade KX36 kimberlite pipe
- Three Prospecting Licenses, one of which has been extended
- A fit-for-purpose kimberlite processing plant
I believe with the right plan and partnership this could be a second company maker.
We are days away from confirmation of drilling results from the second blow. If the indicators are similar to River pipe then we could be seeing a mining potential similar to Marsfontain. We all know what that made with some large diamonds thrown in as well. What interest me is the potential for a single pit mine encompassing the dyke formation between the two blows.
I also belive that these two blows are not the only ones in the area. The dyke system is extensive and JC seems to have hit a sweet spot.
I see the MM's are getting bored. Pleased to say I am not and holding with ever-increasing excitement as we await the next news and pice of the jigsaw to fall into place. Meanwhile, a good chance to buy a few more at a low price.
As with River pipe, any diamonds found from these initial drills is and would be remarkable. They are testing the position and size of the blow with very narrow drills.
They are looking for indicator minerals. The fact that they found diamonds was very unusual from such a small sample. The bulk sampling stage is where we should see some real diamonds recovered.
We are seeing the poor souls who are chancers not investors. If it does not make a buck in a couple of weeks they sell at a loss and move on to another “good thing”.
I get even more excited as the days go by and another milestone comes closer.
What I am also mulling is the chance of a piece of news from left field which we are not anticipating.
In James we trust.