Marange Diamond Fields Grant of Right to Mine

RNS Number : 0627Q

Botswana Diamonds PLC

14 February 2019

 

14^th February 2019

Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

Heritage Concession - Marange Diamond Fields

Grant of Right to Mine

Botswana Diamonds ('BOD') the AIM and BSE listed explorer is pleased to advise that our partner in the development of the diamond potential of Zimbabwe, Vast Resources plc have advised that the Chiadzwa Community Development Trust has in principle been granted the right to mine diamonds in joint venture on the Heritage Concession (Block T1A of the Marange Diamond Fields) and has appointed Vast as its joint venture partner in the exploration and mining of diamonds in the area.

The Company is aware that the Chiadzwa Community Development Trust is associated with the Marange-Zimunya Community Share Ownership Trust, the community trust named in the Company's original announcement on the Heritage Concession of 22 August 2018.

Further information will be released to the market in due course.

This release has been approved by James Campbell, Managing Director of Botswana Diamonds plc, a qualified geologist (Pr.Sci.Nat), a Fellow of the Southern African Institute of Mining and Metallurgy, a Fellow of the Institute of Materials, Metals and Mining (UK) and with over 33-years' experience in the diamond sector. 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014. The person who arranged for the release of this announcement on behalf of the Company was James Campbell, Director.

ENDS

Enquiries:

Botswana Diamonds PLC John Teeling, Chairman James Campbell, Managing Director Jim Finn, Director	[phone] [phone] [phone]
Beaumont Cornish - Nominated Adviser  Michael Cornish Roland Cornish	[phone]
SVS Securities Plc - Broker  Tom Curran Ben Tadd	[phone]
Blytheweigh - PR Julia Tilley Fergus Cowan	[phone] [phone] [phone]
Teneo Luke Hogg Alan Tyrrell	[phone] [phone]

www.botswanadiamonds.co.uk

 

END

 

 

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