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Pangolin Diamonds Finds One of World’s Biggest Kimberlites
Oct. 16, 2013 09:35AM PST
Diamond Investing
Pangolin Diamonds Corp. (TSXV:PAN) announced that it has discovered one of the biggest kimberlites in the world at its Botswana-based Tsabong North project. Geophysical modeling suggests that it is a 270-hectare pipe.
Pangolin Diamonds Corp. (TSXV:PAN) announced that it has discovered one of the biggest kimberlites in the world at its Botswana-based Tsabong North project. Geophysical modeling suggests that it is a 270-hectare pipe.
According to the press release, highlights include:
- Geophysical modeling suggests the Magi-Kimberlite at Pangolin’s Tsabong North Project in Botswana is a 270 hectare (2.7 km2) pipe
- Drilling intersects the kimberlite across 1,200 metres at an average 35 metres below surface
- New findings build on earlier discoveries at the same site: High pressure garnet indicators have previously been recovered 14 metres above the Magi-Kimberlite
- Two new kimberlite drill targets in Tsabong North, both more than 170 hectares (1.7 km2), have been identified by the geophysical modeling
Click here to read the full Pangolin Diamonds Corp. (TSXV:PAN) press release.