Pangolin sets sights on Botswana

Canadian gem miner Pangolin Diamonds Corporation has announced the commencement of a new drilling programme targeting five potential kimberlite mineralisation areas within the Motloutse Diamond Project in south-central Botswana.In a cautionary notice issued to shareholders on 26 July, investor relations officer Scott Young said the two-week drilling programme would start on 27 July. The prospect area would cover a section of the Motloutse Diamond Project area, which includes the site of Botswana’s first diamond discovery by De Beers in 1959.“A percussion drill programme will commence on 27 July and is anticipated to be completed within the next two weeks. Results from the drill programme will be announced once all material submitted to laboratories in Canada have been analysed.“The kimberlite targets are inclusive of AGA-01, an aeromagnetic and gravity anomaly associated with positive sub-angular kimberlite indicator minerals recovered at surface and MG-08 with an anomalous concentration of positive kimberlite indicator minerals recovered at surface,” Young said.Further, he said an internally funded, parallel exploratory diamond drilling would commence at the nearby Malatswae Diamond Project within the second half of 2016. To date, 13 diamonds have been recovered during surface explorations in the Malatswae concession.MININGWEEKLY

Pangolin sets sights on Botswana

Comments

Namibian Sun 2025-05-06

Please login to leave a comment

Pangolin sets sights on Botswana

Comments

Namibian Sun 2025-05-06

Please login to leave a comment

Login