Pangolin Discovers First Kimberlite, Will Drill Two More Holes

Pangolin Diamonds Corp. (TSXV:PAN) announced the discovery of its first kimberlite at its Botswana-based Tsabong North project. Based on the results, the company will drill two more holes.

As quoted in the press release:

Crater facies sediments are present from a depth of 33.5 meters to 58.8 meters below which RVK breccia occurs to 76.3 meters. The crater facies sediments and RVK breccias intersected are consistent with the equivalent lithological units observed in the core of drill hole M1/50 from the M1 Kimberlite in the Tsabong Kimberlite Field which was drilled in 1981.

Dr. Leon Daniels, chairman of the board at Pangolin, commented:

We are very pleased with Pangolin’s success to date, as we have now graduated from an explorer to a discoverer and are determined to continue on this course.

Click here to read the full Pangolin Diamonds Corp. (TSXV:PAN) press release.