Legal Proceedings Report • Oct 2, 2014
Legal Proceedings Report
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National Storage Mechanism | Additional information
RNS Number : 2315T
Botswana Diamonds PLC
02 October 2014
2nd October 2014
Drilling Update at Orapa
The Directors of Botswana Diamonds (AIM: BOD) have received an update from Sunland Minerals, the joint venture company owned 50/50 by Botswana Diamonds and Alrosa operating the exploration programme on PL117 in Orapa Botswana. Two holes were drilled on each of two anomalies AN117/1 and AN117/2.
Two boreholes were drilled on anomaly AN117/1. Hole 117/1-1 was targeted at the centre of a complex geophysical anomaly. Hole 117/1-2 was targeted at the centre of an mineralogical anomaly.
Both holes on anomaly 117/1 intersected intensively altered, cracked and brecciatedrocks composing veins (5-10 cm) likely to be of kimberlitic origin. Samples are being processed.
Two boreholes were drilled on anomaly AN117/2. No kimberlites were identified on 117/2.
The exploration programme is ongoing.
John Teeling, Chairman, commented "The discovery of kimberlite type material in holes 3 and 4 is very encouraging. This is the first time that Alrosa exploration technology has been applied in Botswana and these results support its use. We will now refine the model."
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This release has been approved by Benjamin Mosigi, MSc (Mineral Exploration and Mining Geology), who is a member of the Geological Society of South Africa.
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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 |
This information is provided by RNS
The company news service from the London Stock Exchange
END
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