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Marsfontein Update

2 Mar 2023 10:15

RNS Number : 6809R
Botswana Diamonds PLC
02 March 2023
 

 

2nd March 2023

 

Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

 

Marsfontein Update

 

Botswana Diamonds plc ('BOD') the London AIM and Botswana Stock Exchange listed diamond exploration and development company is pleased to provide an update on its Marsfontein project in South Africa. As previously announced, the Vutomi owned alluvial and dump mine at Marsfontein was expected to produce diamonds in February. Site establishment commenced during the course of the last week of January 2023 and since that time, approximately 1,500 tons of eluvial gravels from the main Marsfontein pipe have been excavated and are awaiting processing. The processing plant has been established and commissioning with gravels has just commenced. First recoveries of diamonds are therefore now expected this month and a further announcement will be made in due course.

 

 

A copy of this announcement is available on the Company's website, www.botswanadiamonds.co.uk

 

Enquiries:

Botswana Diamonds PLC John Teeling, Chairman

James Campbell, Managing Director

Jim Finn, Director

 

+353 1 833 2833

+27 83 457 3724

+353 1 833 2833

Beaumont Cornish - Nominated Adviser Michael Cornish

Roland Cornish

+44 (0) 020 7628 3396

Beaumont Cornish Limited - Broker Roland Cornish

Felicity Geidt

+44 (0) 207 628 3396

First Equity Limited - Joint Broker Jason Robertson

 

+44 (0) 207 374 2212

BlytheRay - PRMegan RayRachael Brooks

Said Izagaren

 

+44 (0) 207 138 3206

+44 (0) 207 138 3553

+44 (0) 207 138 3206

+44 (0) 207 138 3206

 

Teneo

Luke Hogg

Alan Tyrrell

 

 

+353 (0) 1 661 4055

+353 (0) 1 661 4055

 

 

www.botswanadiamonds.co.uk

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