BOTSWANA DIAMONDS PLC

Capital/Financing Update • Sep 18, 2014

National Storage Mechanism | Additional information

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RNS Number : 9595R

Botswana Diamonds PLC

18 September 2014

18 September 2014

Drilling Update at Orapa

The Directors of Botswana Diamonds (AIM: BOD) are pleased to update shareholders on the status of the Company's exploration programme with Alrosa on its licences in the diamond province of Orapa in Botswana. 

A seven person geological team from Alrosa has arrived in Botswana and are on site at Orapa with the Botswana team, with drilling to commence in ten days.

The Alrosa and Botswana Joint Venture team will carry out the following:

·        A detailed ground geophysics programme in the area of anomaly AN117-1 on Block PL117 to target drill sites. 

·        Commence drilling at the identified drill sites within ten days at anomaly AN117-2 on Block PL117.  The drill rig is on the way to site.

·        Carry out a widespread geophysics and ground sampling programme on the Company's licences PL206-PL210 awarded in Q2 2014.

John Teeling, Chairman, commented:

"I am pleased to inform shareholders of the continued progress that we are making in Orapa.

"The geological team provided by our Joint Venture partners Alrosa will work in tandem with the existing Botswana team.

"With drilling commencing in the next ten days, I look forward to updating the market with initial drill results in the next month."

-Ends-

Enquiries:

Botswana Diamonds PLC
John Teeling, Chairman	+353 1 833 2833
Jim Finn, Director
Westhouse Securities Limited
Martin Davison	+44 (0) 20 7601 6100
Robert Finlay
Dowgate Capital Stockbrokers Limited
Jason Robertson	+44 (0) 129 351 7744
African Alliance Botswana Securities
Kabelo Mohohlo	+267 364 3954
Oratile Leburu	+267 364 3977
Blytheweigh	+44 (0) 20 7138 3204
Tim Blythe	+44 (0) 7816 924 626
Halimah Hussain	+44 (0) 7725 978 141
Camilla Horsfall	+44 (0) 7817 841 793
Pembroke Communications
Natalie Tennyson	+353 1 649 6486
Alan Tyrrell	+353 1 649 6486

www.botswanadiamonds.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

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