BOTSWANA DIAMONDS PLC

Regulatory Filings • Feb 13, 2018

National Storage Mechanism | Additional information

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RNS Number : 7341E

Botswana Diamonds PLC

13 February 2018

13th February 2018

Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

Botswana Exploration Programme Starts

Botswana Diamonds is pleased to announce that work is commencing on the H1 2018 Alrosa/Botswana joint venture (Sunland Minerals) in Botswana.  The objective of the work is to follow-up on 15 previously identified priority geophysical targets in PL232- 235 and PL001-004 in the Central Kalahari Game Reserve ('CKGR').  Ground magnetics will be used to supplement the airborne gravity and airborne magnetic data obtained in earlier work.  A soil sample programme will operate in conjunction with the magnetic surveys.  The objective is to turn geophysical targets already identified into drill targets.

This phase of the work is being supervised by an exploration team from Botswana Diamonds and is fully funded.

The Board is also pleased to inform shareholders that at the Mining Indaba held in Cape Town last week, Botswana Diamonds was awarded runner up in the prestigious Livingstone and Stanley Award for African exploration.  Randgold Resources was awarded the first prize.

This release has been approved by James Campbell, Managing Director of Botswana Diamonds plc, a qualified geologist (Pr.Sci.Nat), a Fellow of the South African Institute of Mining and Metallurgy, a Fellow of the Institute of Materials, Minerals and Mining with over 32-years' experience in the diamond sector. 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

ENDS

Enquiries:

Botswana Diamonds PLC
John Teeling, Chairman	+353 1 833 2833
James Campbell, Managing Director	+27 83 457 3724
Northland Capital Partners Limited
David Hignell/Gerry Beaney (Corporate Finance)	+44 (0) 203 861 6625
John Howes (Broking)
Blytheweigh	+44 (0) 207 138 3204
Camilla Horsfall	+44 (0) 781 784 1793
Nick Elwes	+44 (0) 783 185 1855
Teneo PSG
Luke Hogg	+353 (0) 1 661 4055
Alan Tyrrell	+353 (0) 1 661 4055

www.botswanadiamonds.co.uk

This information is provided by RNS

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