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Tsodilo Resources Commences 3,000 Meter Diamond Core Drill Program On BK16

Investing News Network
Feb. 16, 2017 02:27PM PST
Gem Investing

Tsodilo Resources (“Tsodilo” or the “Company”) (TSX-Venture Exchange: (TSD)) is pleased to announce that it has commenced a drilling program utilizing its diamond core drill rigs on its wholly owned BK16 kimberlite project. The purpose of this drilling program is to drill pilot holes on the sites which have been earmarked for the Large Diameter …

Tsodilo Resources (“Tsodilo” or the “Company”) (TSX-Venture Exchange: (TSD)) is pleased to announce that it has commenced a drilling program utilizing its diamond core drill rigs on its wholly owned BK16 kimberlite project. The purpose of this drilling program is to drill pilot holes on the sites which have been earmarked for the Large Diameter Drill (“LDD”) drilling program.
As quoted in the press release:

The BK16 kimberlite project is located within the Orapa Kimberlite Field (“OKF”) in Botswana. The diamond mines in Botswana have produced an average of 27 million carats annually in the last 10 years and Botswana is the world’s largest producer of diamonds by value. In 2016, the OKF area produced 8.85 million carats. Of the 83 known kimberlite bodies, nine have been or are currently being mined. These are AK1 (Orapa, Debswana), AK6 (Karowe, Lucara Diamond Corporation), BK1, BK9, BK12 and BK15 (Damtshaa, Debswana), DK1 and DK2 (Letlhakane, Debswana) and BK11 (Firestone Diamonds). The Karowe mine has produced such notable diamonds as the 1,109 carat ‘Lesedi La Rona’ and the 813 carat ‘Constellation’.

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