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Pin to quick picksBotswana Diam Regulatory News (BOD)

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Update on Cameroon reconnaissance programme

8 Jun 2011 07:00

RNS Number : 0358I
Botswana Diamonds PLC
08 June 2011
 

Botswana Diamonds plc

("Botswana Diamonds")

 

Cameroon Reconnaissance Programme Yields Early Successes

 

v Reconnaissance exploration programme identifies possible diamond bearing conglomerate 

horizon

v Small diamond recovered from stream sample

v Follow-up drilling and trenching/pitting planned

 

The board of Botswana Diamonds (AIM: BOD) is pleased to announce that its geologists have identified sequences of sedimentary rock layers in several localities in the east of its Cameroon diamond licence. These layers include a distinct conglomerate horizon, which is geologically correlated with the paleo-conglomerate that C&K Mining has identified as being diamondiferous. The exploration team is in the process of completing the geological mapping to try and delineate the extent of this conglomerate horizon. In addition to the geological mapping, a number of representative rock specimens were also collected for further study and analysis. A small diamond was recovered from a sample taken from a stream in the area where the conglomerate was identified.

 

Now that the conglomerate horizon has been identified in the licence area, a follow-up programme comprising drilling and trenching/pitting will be implemented. This programme will be aimed at better defining the extent of these conglomerates and, more importantly, to determine whether the conglomerate is diamondiferous. The latter will entail processing some of the conglomerate through a suitable plant to recover any diamonds.

 

John Teeling, the Chairman of Botswana Diamonds commented:

 

"This is very exciting for Botswana Diamonds. Our next step is to prove that there are diamonds there. To date the majority of the licence has not been explored and significant scope remains for discovering more areas where the paleo-conglomerate layer is preserved."

 

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

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