Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBotswana Diam Regulatory News (BOD)

  • There is currently no data for BOD

Reconnaissance Programme in Cameroon

13 Apr 2011 07:00

RNS Number : 7607E
Botswana Diamonds PLC
13 April 2011
 



 

Botswana Diamonds plc

("Botswana Diamonds" or "BOD")

 

Reconnaissance Programme Begins in Cameroon

 

v Reconnaissance exploration programme commences on Cameroon diamond exploration licence to the south of C&K's Mobilong diamond licence

v Programme includes geological mapping, geochem sampling, excavation of observation pits and the collection of rock samples for further study and analysis

v Objective is to determine the presence of and extent of the diamond bearing host rock

 

The board of Botswana Diamonds (AIM: BOD) is pleased to announce the commencement of a 60-90 day exploration work programme in its diamond reconnaissance licence to the south of the Mobilong diamond field in Cameroon. The purpose of the work programme is to identify the presence and extent of the diamond bearing host rock that defines the Mobilong diamond field.

 

From the limited information available, it appears that the diamonds are hosted in a palaeo-conglomerate, from which they have since been eroded in places, and now also occur sporadically in modern alluvial deposits. The programme will include detailed geological mapping, using traverses and cut-lines on a regular grid, accompanied by excavation of observation pits and the collecting of geochemical and rock samples for further analyses. If successful, a limited drilling and trenching/pitting exercise will be implemented to further define the scope and extent of potentially diamondiferous rock sequences.

 

The work area is in a remote part of Cameroon and access is mostly via roads created by timber companies. The dense tropical rainforest also creates logistical problems and will restrict the extent to which remote sensing techniques can be used to guide the exploration.

 

John Teeling, the Chairman of Botswana Diamonds commented:

"This is an early stage big potential high risk project. The licence area is 8,000 square kilometres but almost nothing is known about it due to its rainforest location. Our ground abuts the Mobilong diamond discovery to the south and west. Initial prospecting will be in these areas to see if and where the potentially diamondiferous conglomerate lies.

 

Our team of experienced Cameroonian geologists are used to the difficult rainforest conditions and will focus their efforts and expertise to rapidly evaluate the area of highest interest."

 

This release has been approved by Andre Fourie, Hons BSc (Geology), who is a registered professional geologist with the South African Council for Natural Scientific Professions. Mr Fourie is the Technical Director of Botswana Diamonds and has over 13 years of experience in diamond exploration and mineral resource management.

 

 

Enquiries:

 

Botswana Diamonds PLC

John Teeling, Chairman +353 1 833 2833

Andre Fourie +27 (83) 463 2455

 

finnCap - Nominated Adviser & Broker

Matthew Robinson +44 (0) 20 7600 1658

Henrik Persson

 

College Hill

Nick Elwes +44(0) 20 7457 2020

 

 

www.botswanadiamonds.co.uk

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCSFUFSEFFSELL
Date   Source Headline
25th Feb 20267:00 amRNSChange of Name to Botswana Minerals plc
29th Jan 202612:01 pmRNSResults of Annual General Meeting
26th Jan 20267:00 amRNSAward of Eight Copper Focused Exploration Licenses
12th Dec 20257:00 amRNSAnnual Results for the Year Ended 30 June 2025
29th Oct 202511:00 amRNSDeath of David Horgan
29th Jul 20257:00 amRNSAI identified diamond acreage awarded
19th Mar 20257:00 amRNSUnaudited Interim Statement and Financial Results
13th Mar 20257:00 amRNSBotswana Diamonds Secures Polymetallic Acreage
4th Mar 20259:40 amRNSMining Permit Granted for Thorny River
23rd Jan 202512:19 pmRNSResults of Annual General Meeting
20th Jan 20257:00 amRNSBotswana Diamonds Secures Diamond Acreage
15th Jan 20257:00 amRNSRenewal of Prospecting Licenses in Botswana
18th Dec 20247:00 amRNSAnnual Results for the Year Ended 30 June 2024
12th Dec 20247:00 amRNSAI Identifies Seven New Kimberlite Anomalies
29th Nov 20247:00 amRNSThorny River Environmental Authorisation Obtained
27th Nov 20247:00 amRNSEnvironmental Authorisation Obtained to Drill
17th Oct 20247:00 amRNSProspecting Permit Obtained on Five Kimberlites
16th Aug 20247:00 amRNSAI programme started on our Botswana database
7th Aug 20247:00 amRNS£250,000 Placing, RPT and TVR
23rd May 20247:00 amRNSFour Prospecting Licenses granted in the Kalahari
11th Apr 20247:00 amRNSSecond significant anomaly discovered in Kalahari
9th Apr 20247:00 amRNSAI to be applied to our Botswana database
25th Mar 20247:00 amRNSUnaudited Interim Statement and Financial Results
31st Jan 20247:00 amRNSGranting of Prospecting License in Eswatini
24th Jan 20241:50 pmRNSResults of Annual General Meeting
23rd Jan 20247:00 amRNSHigh Grade Anomaly Discovered Near KX36 Project
20th Dec 20237:00 amRNSAnnual Results for the Year Ended 30 June 2023
8th Dec 20237:00 amRNSFour anomalies identified close to KX36 project
27th Nov 202311:15 amRNS£380,000 Fundraising
27th Sep 20237:00 amRNSAppointment of Nominated and Financial Adviser
13th Sep 20237:00 amRNSMarsfontein Update
3rd Aug 20237:00 amRNSMarsfontein Production Update
29th Mar 20237:00 amRNSUnaudited Interim Statement and Financial Results
2nd Mar 202310:15 amRNSMarsfontein Update
20th Feb 20234:35 pmRNSPrice Monitoring Extension
3rd Feb 20234:40 pmRNSSecond Price Monitoring Extn
3rd Feb 20234:35 pmRNSPrice Monitoring Extension
2nd Feb 202311:00 amRNSTotal Voting Rights
27th Jan 20237:00 amRNSIssue of equity
19th Jan 202312:30 pmRNSUpdate on Activities & Results of AGM
8th Dec 20227:00 amRNSAnnual Results for the Year Ended 30 June 2022
21st Oct 20227:00 amRNSData licence agreement signed with Petra Diamonds
6th Oct 20224:44 pmRNSExercise of Warrants
28th Sep 20227:00 amRNSCompletion of acquisition of Thorny River Project
8th Sep 20227:00 amRNSExercise of Warrants
5th Sep 20228:33 amRNSBotswana awarded Licence over Kimberlite Cluster
4th Aug 20227:00 amRNSAdditional Kimberlite Discovered at Thorny River
20th Jul 20227:00 amRNSAcquisition of Maibwe
18th Jul 20227:00 amRNSDrilling commences on Thorny River
4th Jul 20224:43 pmRNSExercise of Warrants

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.