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Update on Exploration in Botswana

21 Apr 2016 11:03

RNS Number : 9206V
Botswana Diamonds PLC
21 April 2016
 

21st April 2016

 

Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

 

Update on Exploration in Botswana from March to April 2016

 

The Directors of Botswana Diamonds (AIM: BOD) are pleased to provide an update on their ongoing diamond exploration campaign in Botswana. The campaign is part of the 50/50 joint venture between Botswana Diamonds and Alrosa, the world's leading diamond producer.

 

1. EXPLORATION IN ORAPA

Prospecting License (PL) 085, PL 210

1) Heavy concentrate sampling (30-50 litres) on detailed sites, selected according to the results of mineralogical research. Sampling grids - 200 x 200 m and 400 x 400 m.

2) Washing of heavy concentrate samples.

3) Mineralogical analyses of heavy concentrate samples in the field laboratory.

4) Sampling and washing are completed. Drilling will begin in early May.

 

 

PL 260

1) Diamond drilling on kimberlite pipe AK-21 of two boreholes to a total depth of 423 m.

2) Heavy concentrate sampling (30-50 litre) on detailed sites selected by the results of the airborne magnetic survey.

3) Complex of ground geophysical surveys (magnetic, electric) to delineate anomalies connected with kimberlites.

4) Transient Electro Magnetic soundings (TEM) on kimberlite pipes AK-22 and AK-23 in order to get definitions of sizes and morphology to a depth of 300 m.

5) Ground geophysical TEM works on kimberlite pipe AK-21 in order to specify the morphology of the body to a depth of 150-300 m.

6) Studying the core of the boreholes.

7) Hard rock sampling of the core and selection of specimens for various analyses.

8) Hard rock samples treatment and washing.

9) Mineralogical analyses of the heavy concentrate and hard rock samples in the field laboratory.

10) Diamond drilling, early core analyses and TEM works are completed as is much of the heavy concentrate sampling. Reverse Circulation Drilling and sampling will continue into May.

 

2. EXPLORATION IN GOPE

PL135, PL136, PL137 AND PL 235

1) Ground geophysical works and TEM soundings on anomalies.

2) Heavy concentrate sampling (250 litre) on geophysical anomalies.

3) Washing of heavy concentrate samples.

4) Mineralogical analyses of heavy concentrate samples in the field laboratory.

5) This work is ongoing.

 

The Alrosa-led team is applying state-of-the-art technology in an innovative way. Mineralogical analyses of heavy concentrate samples in the field laboratory allows us to accelerate results so that our experts can focus the drill programme.

 

__________ _ ___________________________________________________________

 

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

Dipti Mehta

Northland Capital Partners Limited

David Hignell/Gerry Beaney (Corporate Finance)

+44 (0) 203 861 6625

John Howes (Broking)

Dowgate Capital Stockbrokers Limited

Jason Robertson

+44 (0) 129 351 7744

Blytheweigh

+44 (0) 207 138 3204

Camilla Horsfall

+44 (0) 781 784 1793

PSG Plus

Colm Heatley

+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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