First diamonds recovered from Marsfontein Permit

RNS Number : 1288T

Botswana Diamonds PLC

12 November 2019

 

12^th November 2019

Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

First diamonds recovered from Marsfontein Mining Permit

Botswana Diamonds ("BOD"), the AIM and BSE listed diamond explorer, is pleased to report that the first diamonds have been recovered from plant commissioning activities on the Marsfontein Mining Permit.  These come from the diamond bearing gravels and residual unprocessed stockpiles surrounding the Marsfontein Mine. 

Plant commissioning is well advanced following the installation of an in-field screen, two rotary pans, grease and x-ray recovery.  Optimisation of the plant flow sheet is currently taking place and this will be followed by ramping-up to full production of 400-tons of pan feed per day.

John Teeling, Chairman, said: "I am delighted with the rapid progress the team has made on-site and it is noteworthy that the first diamonds were recovered within two weeks of the Mining Permit being granted.  I look forward to updating shareholders as the project develops."

This release has been approved by James Campbell, Managing Director of Botswana Diamonds plc, a qualified geologist (Pr.Sci.Nat), a Fellow of the Southern African Institute of Mining and Metallurgy, a Fellow of the Institute of Materials, Metals and Mining (UK) and with over 33-years' experience in the diamond sector. 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014. The person who arranged for the release of this announcement on behalf of the Company was James Campbell, Director.

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

ENDS

Enquiries:

Botswana Diamonds PLC John Teeling, Chairman James Campbell, Managing Director Jim Finn, Director	[phone] [phone] [phone]
Beaumont Cornish - Nominated Adviser  Michael Cornish Roland Cornish	[phone]
Beaumont Cornish Limited - Broker  Roland Cornish Felicity Geidt	[phone]
Blytheweigh - PR Megan Ray Fergus Cowan	[phone] [phone] [phone]
Teneo Luke Hogg Alan Tyrrell	[phone] [phone]

www.botswanadiamonds.co.uk

 

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