Kimberlite intersected on Marsfontein

RNS Number : 9280D
Botswana Diamonds PLC
24 February 2020
 

24th February 2020


Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

 

Kimberlite intersected on Marsfontein

 

 

Botswana Diamonds ("BOD"), the AIM and BSE listed diamond explorer, is pleased to provide an update on the percussion drilling campaign on Thorny River and the contiguous Marsfontein project.

 

Kimberlite, identified by visual inspection, was intersected at shallow depth in two out of the three holes (30 to 33m and 36 to 39m) on Marsfontein.  This kimberlite is believed to be associated with the high grade Marsfontein M1 pipe. Further work is planned.

 

Two holes were drilled on the neighbouring Thorny River properties.  Geological structures which are consistent with kimberlite emplacement were encountered in both holes.  More detailed ground mapping and geophysics will better define targets for further drilling.

 

Environmental Authorisations have been granted over the remainder of the farm Marsfontein and over the farm Meinhardskraal.  These areas include the M8 kimberlite fissure complex which is an extension of the Marsfontein M1 kimberlite pipe.

 

 

       

 

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 34-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

 

 

+353 1 833 2833

+27 83 457 3724

+353 1 833 2833

Beaumont Cornish - Nominated Adviser 
Michael Cornish

Roland Cornish

 


+44 (0) 020 7628 3396

Beaumont Cornish Limited - Broker 
Roland Cornish

Felicity Geidt

 

+44 (0) 207 628 3396

Novum Securities Limited -  Joint Broker 
Colin Rowbury

+44 (0) 20 399 9400

 

Blytheweigh - PR
Megan Ray
Madeleine Gordon-Foxwell

 

+44 (0) 207 138 3206

+44 (0) 207 138 3553

+44 (0) 207 138 3208

 

Teneo

Luke Hogg

Alan Tyrrell

Thomas Shortall

 

+353 (0) 1 661 4055

+353 (0) 1 661 4055

+353 (0) 1 661 4055

 

 

www.botswanadiamonds.co.uk


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