Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Drilling Update at Orapa

2nd Oct 2014 07:00

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."

 

-Ends-

_________________________________________________________________________________________________

 

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

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
 
END
 
 
DRLUAOKRSKARRAA

Related Shares:

Botswana Diam
FTSE 100 Latest
Value8,474.74
Change-133.74