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Peregrine Announces Commencement of 2016 Drill Program in Botswana
May. 17, 2016 10:10AM PST
Diamond InvestingPeregine Diamonds (TSX:PGD) has announced that core drilling has commenced on its 100 percent owned Sikwane Project in Botswana. As quoted in the press release: SIKWANE KIMBERLITE DRILL PROGRAM The Sikwane prospecting licence covers 453 km2 and contains nine kimberlites discovered through drilling by De Beers in 1997.A thorough assessment of relinquishment reports held at …
Peregine Diamonds (TSX:PGD) has announced that core drilling has commenced on its 100 percent owned Sikwane Project in Botswana.
As quoted in the press release:
SIKWANE KIMBERLITE DRILL PROGRAM
The Sikwane prospecting licence covers 453 km2 and contains nine kimberlites discovered through drilling by De Beers in 1997.A thorough assessment of relinquishment reports held at the Botswana Geological Survey shows that De Beers drilled percussion holes targeted on detailed Kimberlite Indicator Mineral (“KIM”) anomalies with limited ground geophysics support. Interpretation of available KIM garnet and ilmenite chemistry shows that the Sikwane kimberlites contain diamond-compatible KIMs and the kimberlites have moderate to high diamond potential. Diamonds have been recovered from surface samples and from down-hole samples at the Sikwane kimberlites, although diamond abundance and size distribution data are not available. De Beers recovered limited core from the drilling program and due to the limitations of percussion drilling, the geological relationships between kimberlite and country rock granite are unresolved.
Core drilling of five of the Sikwane kimberlites is planned. The program is designed to resolve the kimberlite-granite relationships and collect carefully controlled kimberlite samples for microdiamond and KIM analysis. Five vertical core holes of 100 metres each are planned.
Click here for the full press release.