TIDMBOD

RNS Number : 5247G

Botswana Diamonds PLC

18 March 2020

18(th) March 2020

Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

Bulk sampling to commence on Marsfontein

Botswana Diamonds ("BOD"), the AIM and BSE listed diamond explorer, is pleased to provide an update on its Marsfontein project.

The Company announced on 24(th) February 2020 that 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 kimberlite pipe and has been identified as 'high-interest'. In response a bulk sampling campaign has commenced on site of the remnant kimberlite of the same type encountered in the drill samples. Treatment will be undertaken by Vutomi's mining contractor at a nearby diamond processing facility using two stage crushing, screening, pans, x-ray and grease recovery processes.

A National Disaster in respect of Corona virus has been declared in South Africa. This will impact the scheduling of this project in the coming weeks.

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 3222 
 Rachael Brookes                           +44 (0) 207 138 3203 
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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March 18, 2020 03:00 ET (07:00 GMT)

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