Marsfontein Update

RNS Number : 6809R

Botswana Diamonds PLC

02 March 2023

 

2^nd March 2023

Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

Marsfontein Update

Botswana Diamonds plc ('BOD') the London AIM and Botswana Stock Exchange listed diamond exploration and development company is pleased to provide an update on its Marsfontein project in South Africa. As previously announced, the Vutomi owned alluvial and dump mine at Marsfontein was expected to produce diamonds in February. Site establishment commenced during the course of the last week of January 2023 and since that time, approximately 1,500 tons of eluvial gravels from the main Marsfontein pipe have been excavated and are awaiting processing. The processing plant has been established and commissioning with gravels has just commenced. First recoveries of diamonds are therefore now expected this month and a further announcement will be made in due course.

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

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]
First Equity Limited -  Joint Broker  Jason Robertson	[phone]
BlytheRay - PR Megan Ray Rachael Brooks Said Izagaren	[phone] [phone] [phone] [phone]
Teneo Luke Hogg Alan Tyrrell	[phone] [phone]

www.botswanadiamonds.co.uk

 

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