Botswana Diamonds PLC Kimberlite intersected on Marsfontein (9280D)
February 24 2020 - 7:27AM
UK Regulatory
TIDMBOD
RNS Number : 9280D
Botswana Diamonds PLC
24 February 2020
24(th) February 2020
Botswana Diamonds PLC
("Botswana Diamonds" or the "Company")
Kimberlite intersected on Marsfontein
Botswana Diamonds ("BOD"), the AIM and BSE listed diamond
explorer, is pleased to provide an update on the percussion
drilling campaign on Thorny River and the contiguous Marsfontein
project.
Kimberlite, identified by visual inspection, was intersected at
shallow depth in two out of the three holes (30 to 33m and 36 to
39m) on Marsfontein. This kimberlite is believed to be associated
with the high grade Marsfontein M1 pipe. Further work is
planned.
Two holes were drilled on the neighbouring Thorny River
properties. Geological structures which are consistent with
kimberlite emplacement were encountered in both holes. More
detailed ground mapping and geophysics will better define targets
for further drilling.
Environmental Authorisations have been granted over the
remainder of the farm Marsfontein and over the farm Meinhardskraal.
These areas include the M8 kimberlite fissure complex which is an
extension of the Marsfontein M1 kimberlite pipe.
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 34-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
A copy of this announcement is available on the Company's
website, at www.botswanadiamonds.co.uk
ENDS
Enquiries:
Botswana Diamonds PLC
John Teeling, Chairman +353 1 833 2833
James Campbell, Managing Director +27 83 457 3724
Jim Finn, Director +353 1 833 2833
Beaumont Cornish - Nominated Adviser
Michael Cornish
Roland Cornish +44 (0) 020 7628 3396
Beaumont Cornish Limited - Broker
Roland Cornish
Felicity Geidt +44 (0) 207 628 3396
Novum Securities Limited - Joint Broker
Colin Rowbury +44 (0) 20 399 9400
Blytheweigh - PR +44 (0) 207 138 3206
Megan Ray +44 (0) 207 138 3553
Madeleine Gordon-Foxwell +44 (0) 207 138 3208
Teneo
Luke Hogg +353 (0) 1 661 4055
Alan Tyrrell +353 (0) 1 661 4055
Thomas Shortall +353 (0) 1 661 4055
www.botswanadiamonds.co.uk
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END
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February 24, 2020 07:27 ET (12:27 GMT)
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