Botswana Diamonds Plans September Start for Drill Program

Diamond Investing

Botswana Diamonds plc (LSE:BOD) announced that in the third week of September it will be starting a drill program on prospecting licence No PL117/2011, located in Orapa, Botswana.

Botswana Diamonds plc (LSE:BOD) announced that in the third week of September it will be starting a drill program on prospecting licence No PL117/2011, located in Orapa, Botswana.

As quoted in the press release:

The two specific targets to be drilled, AN117/1 and AN117/2, are in the Northern part of this small 2.9 sq km block.  The targets, identified from recent work by Sunland Minerals, the 50/50 joint venture between Alrosa and Botswana Diamonds, are prospective for the discovery of kimberlite bodies. Verification drilling depth will be 100 metres and after the core is studied in Botswana, specimens and samples will be sent for analysis to St. Petersburg.

Two holes will be drilled on mineralogical and geophysical anomaly AN117/2. Two or three holes will be drilled on mineralogical anomaly AN117/1.  Additional geophysical works will be carried out in September on this area.

John Teeling, chairman of Botswana Diamonds, also said:

Activity is quickening in our Sunland joint venture with Alrosa, the largest diamond producer in the world.  In September we will drill holes on each of two previously unknown anomalies on the PL117 block in Orapa, Botswana.  These are verification holes targeting kimberlites.

The final results of the geochemical, geophysical and mineralogical analyses carried out on the fieldwork data collected earlier will be received by Botswana Diamonds in the near future.

Click here to read the full Botswana Diamonds plc (LSE:BOD) press release.

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