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Tsodilo Updates BK16 Diamond Project in Botswana
Jun. 05, 2018 06:10AM PST
Gem InvestingThe company has recovered 231 diamonds weighing more than 17-carats from the site and has sent the discoveries for cleaning.
Tsodilo Resources (TSXV:TSD) has provided an update on its BK16 kimberlite project in Botswana. The diamondiferous BK16 kimberlite pipe is approximately 6 hectares in size at surface and is known to contain rare and valuable Type IIa diamonds. The company has recovered 231 diamonds weighing more than 17-carats from the site and has sent the discoveries for cleaning.
Tsodilo Resources Limited is an international diamond and metals exploration company engaged in the search for economic diamond and metal deposits at its Bosoto and Gcwihaba projects in Botswana and its Idada 361 project in Barberton, South Africa.
As quoted from 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 2017, the OKF area produced 11.07 million carats. Of the 83 known kimberlite bodies, eleven have been or are currently being mined. The Karowe mine has produced such notable diamonds as the 1,109 carat `Lesedi La Rona` and the 813 carat `Constellation`. The diamondiferous BK16 kimberlite pipe is approximately 6 hectares in size at surface and is known to contain rare and valuable Type IIa diamonds.
Diamond Recoveries
The first two parcels of diamonds (101 stones – 18.571 carats and 130 stones – 17.791 carats) were delivered to Lucara Diamond Corp. (TSX:LUC) today for cleaning at its’ acid cleaning laboratory located at the Diamond Technology Park (DTP) in Gaborone, Botswana. The diamonds will be stored at I Hennig & Co. secured facilities located at the (DTP) after cleaning has taken place. The two parcels consist of diamonds recovered as of May 4, 2018. The diamonds have been photographed and carat weight and descriptions were entered in the company’s data base prior to delivery to the DTP.
The diamonds are transported from the company’s recovery facility by Brinks Global Services Botswana and a detailed report of the recoveries are provided to the Ministry of Mineral Resources, Green Technology and Energy Security’s Department of Mines as required. A coherent chain of custody has been established by the Company from the BK16 kimberlite; to the Dense Media Separation (DMS) treatment plant; to the company’s diamond recovery facility; to Lucara’s cleaning facility; and then to I Hennig’s secured storage facility.