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New Prospecting Licence awarded in Orapa

Fri, 9th Oct 2015 07:00

RNS Number : 7326B
Botswana Diamonds PLC
09 October 2015

09 October 2015

Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

New Prospecting Licence awarded in the Orapa region of Botswana

The Directors of Botswana Diamonds (AIM: BOD) are pleased to announce that the Botswana Government have awarded Prospecting Licence PL260/2015, to Sunland Minerals. Sunland Minerals is the 50/50 joint venture exploration company owned by BOD and Alrosa.

PL260/2015, covers ground which is the highest priority for the BOD/Alrosa joint venture. It contains 3 previously-discovered kimberlite bodies, AK21, AK22 and AK23.

As the joint venture exploration team is currently active in the area, work has commenced immediately on reviewing the block with a view to defining new anomalies and drill targets. The existing kimberlites are being reviewed as part of this work to verify if they warrant further evaluation.

The new licence, PL 260/2015, covers 25 sq. km in the Orapa region of Botswana and is valid for three years from 1 October 2015.

This release has been approved by Benjamin Mosigi, MSc (Mineral Exploration and Mining Geology), who is a member of the Geological Society of South Africa.

Enquiries:

Botswana Diamonds PLC

John Teeling, Chairman

+353 1 833 2833

Jim Finn, Director

Northland Capital Partners Limited

David Hignell/Gerry Beaney

+44 (0) 20 7382 1100

John Howes/Mark Treharne (Broking)

Dowgate Capital Stockbrokers Limited

Jason Robertson

+44 (0) 129 351 7744

Blytheweigh

+44 (0) 20 7138 3204

Camilla Horsfall

+44 (0) 78 1784 1793

PSG Plus

Aoife Ross

+353 (0) 1 661 4055

Alan Tyrrell

+353 (0) 1 661 4055

www.botswanadiamonds.co.uk

This information is provided by RNS
The company news service from the London Stock Exchange
END
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