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Tsodilo Resources Limited BK16 Update

Priscila Barrera
Jun. 26, 2017 08:56AM PST
Gem Investing

Tsodilo Resources Limited (“Tsodilo” or the “Company”) (TSXV:TSD) is pleased to announce that it has completed its pilot hole drill program on its wholly owned BK16 kimberlite project. The purpose of this drilling program was to drill pilot holes on the sites which have been earmarked for the Large Diameter Drill (LDD) drilling program. As …

Tsodilo Resources Limited (“Tsodilo” or the “Company”) (TSXV:TSD) is pleased to announce that it has completed its pilot hole drill program on its wholly owned BK16 kimberlite project. The purpose of this drilling program was 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, eleven have been or are currently being mined. These are AK01, AK02 and AK07 (Orapa, Debswana), AK06 (Karowe, Lucara Diamond Corporation), BK01, BK09, BK12 and BK15 (Damtshaa, Debswana), DK01 and DK02 (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’.

Click here for the full text release

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