Botswana Diamonds PLC Drilling and Analysis Update on Orapa and Gope (1406P)
November 15 2016 - 1:00AM
UK Regulatory
TIDMBOD
RNS Number : 1406P
Botswana Diamonds PLC
15 November 2016
15(th) November 2016
Botswana Diamonds PLC
("Botswana Diamonds" or the "Company")
Drilling and Analysis Update on Orapa and Gope
The directors of Botswana Diamonds (AIM: BOD) are pleased to
provide an update on the H2 2016 Alrosa/Botswana Diamond
exploration joint venture programme in the Orapa and Gope regions
of Botswana. A total of 1,290 metres were drilled on 3 licences,
440 metres on kimberlite AK 22 on PL 260, 200 on prospecting
licence PL 085; both in Orapa and 650 metres on PL 135 in Gope.
Highlights
-- Second diamond found in concentrate reanalysis of AK 21 samples on PL 260;
-- A diamond has been found in visual observation of kimberlite
core from AK 22 drilling on PL 260;
-- Two samples of 200 kg each sent to an independent processing
facility in South Africa for detailed mineralogical analysis;
and
-- Drilling on PL 085 in Orapa and PL 135 in Gope completed without encountering kimberlite.
PL 260 contains kimberlite AK 21 and AK 22. A second diamond has
been recovered from the re-analysis of Dense Media Separation (DMS)
concentrate from LDD holes drilled on AK 21. The work continues.
Two holes were drilled on AK 22 on the same licence. The total
drilled was 440 metres. A diamond has been observed in the core
which has been sent to a processing facility in South Africa for
micro-diamond analysis. The analysis will take approximately 3
months.
Two drill holes on PL 085 in Orapa encountered a dolerite sill
instead of kimberlite. Four drill holes were drilled on a clearly
defined anomaly on Prospecting Licence 135 in the Gope region. The
sand cover was up to 150 metres. Rather than the hoped for
kimberlite an intensively weathered part basalt dolerite rock was
found. The results are being reviewed.
John Teeling, chairman, commented "We are making good progress
in Botswana. Visual analysis of the core from drilling the AK 22
kimberlite identified a small diamond. This is rare. The core is
now in South Africa undergoing detailed microdiamond analysis. As
previously reported, we are reworking the concentrate from drilling
on AK 21 - on the same licence as AK 22. We have found a second
diamond. The question now is to try to estimate whether the grade
is good enough to continue exploration.
Grassroots drilling on PL 085 and PL 135 did not find
kimberlites. Meanwhile teams have been active with sampling and
geophysical studies identifying drill targets for the 2017
campaign."
________________________________________________________________________________
_
This release has been approved by Benjamin Mosigi, MSc (Mineral
Exploration and Mining Geology), who is a member of the Geological
Society of South Africa.
________________________________________________________________________________
_
This announcement contains inside information for the purposes
of Article 7 of Regulation 596/2014.
Enquiries:
Botswana Diamonds PLC
John Teeling, Chairman +353 1 833 2833
Jim Finn, Director
Northland Capital Partners
Limited
David Hignell/Gerry Beaney
(Corporate Finance) +44 (0) 203 861 6625
John Howes (Broking)
Dowgate Capital Stockbrokers
Limited
Jason Robertson +44 (0) 129 351 7744
Blytheweigh +44 (0) 207 138 3204
Camilla Horsfall +44 (0) 781 784 1793
Nick Elwes +44 (0) 7831 851 855
Rachael Brooks
Jonathan Garfield
PSG Plus
Colm Heatley +353 (0) 1 661 4055
Alan Tyrrell +353 (0) 1 661 4055
www.botswanadiamonds.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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