Company Expands Exploration with 3 New Licences

RNS Number : 1891K

Botswana Diamonds PLC

15 April 2015

 

15^th April 2015

Botswana Diamonds PLC ("Botswana Diamonds" or the "Company")

Botswana Diamonds Expands Exploration with Three New Licences in the Central part of Botswana

The Directors of Botswana Diamonds (AIM: BOD) are pleased to announce that the Botswana Government have awarded three Prospecting Licences (PL135/2015, PL136/2015 and PL137/2015) to Sunland Minerals, the exploration joint venture company owned equally between BOD and Alrosa, the biggest producer of diamonds in the world.  The licence areas cover 46 sq. km, 48 sq. km and 3.3 sq. km respectively and are located in the central area of Botswana.

The licences PL135/2015 and PL136/2015 were selected specifically to verify previously identified geophysical anomalies (both magnetic and gravity) and to follow up if justified.

PL137/2015 contains mineralogical anomalies with kimberlite indicator minerals, namely pyropes, ilmenites and in particular chrome diopsides.  Chrome diopsides (garnets) are relatively soft and do not travel far from the kimberlite source and it is, therefore, considered worthwhile to conduct follow-up exploration of these indicators on this small licence area.

The Alrosa and Botswana Diamonds geoscientists will focus immediately on the target areas using small grids to carry out detailed geophysics and to acquire mineral chemistry data with the aim of making rapid decisions regarding potential drilling.

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	[phone]
Jim Finn, Director
Westhouse Securities Limited
Martin Davison	[phone]
Robert Finlay
Dowgate Capital Stockbrokers Limited
Jason Robertson	[phone]
Blytheweigh	[phone]
Halimah Hussain	[phone]
PSG Plus
Aoife Ross	[phone]
Alan Tyrrell	[phone]

www.botswanadiamonds.co.uk

 

END

 

 

MSCLLFVVSDISLIE