TIDMBOD

RNS Number : 9280D

Botswana Diamonds PLC

24 February 2020

24(th) 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                     +353 1 833 2833 
 James Campbell, Managing Director          +27 83 457 3724 
 Jim Finn, Director                         +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                          +44 (0) 207 138 3206 
 Megan Ray                                 +44 (0) 207 138 3553 
 Madeleine Gordon-Foxwell                  +44 (0) 207 138 3208 
Teneo 
 Luke Hogg                                  +353 (0) 1 661 4055 
 Alan Tyrrell                               +353 (0) 1 661 4055 
 Thomas Shortall                            +353 (0) 1 661 4055

www.botswanadiamonds.co.uk

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END

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