BOTSWANA DIAMONDS PLC

Prospectus • Oct 9, 2015

National Storage Mechanism | Additional information

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RNS Number : 7326B

Botswana Diamonds PLC

09 October 2015

09th October 2015

Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

New Prospecting Licence awarded in the Orapa region of Botswana

The Directors of Botswana Diamonds (AIM: BOD) are pleased to announce that the Botswana Government have awarded Prospecting Licence PL260/2015, to Sunland Minerals. Sunland Minerals is the 50/50 joint venture exploration company owned by BOD and Alrosa.

PL260/2015, covers ground which is the highest priority for the BOD/Alrosa joint venture.  It contains 3 previously-discovered kimberlite bodies, AK21, AK22 and AK23.

As the joint venture exploration team is currently active in the area, work has commenced immediately on reviewing the block with a view to defining new anomalies and drill targets. The existing kimberlites are being reviewed as part of this work to verify if they warrant further evaluation.

The new licence, PL 260/2015, covers 25 sq. km in the Orapa region of Botswana and is valid for three years from 1st October 2015.

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.

Enquiries:

Botswana Diamonds PLC
John Teeling, Chairman	+353 1 833 2833
Jim Finn, Director
Northland Capital Partners Limited
David Hignell/Gerry Beaney	+44 (0) 20 7382 1100
John Howes/Mark Treharne (Broking)
Dowgate Capital Stockbrokers Limited
Jason Robertson	+44 (0) 129 351 7744
Blytheweigh	+44 (0) 20 7138 3204
Camilla Horsfall	+44 (0) 78 1784 1793
PSG Plus
Aoife Ross	+353 (0) 1 661 4055
Alan Tyrrell	+353 (0) 1 661 4055

www.botswanadiamonds.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

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