Botswana Diamonds renews two licences in the Kalahari

AIM-listed Botswana Diamonds has renewed two prospecting licences in the country’s Kalahari Desert.

Licences PL232 and PL235, held by the company’s wholly-owned subsidiary Sunland Minerals, have been renewed to 30 September 2021. These key licences, covering just over 500 km², are strategically located in the central Kalahari Desert west of the Ghaghoo diamond mine. Botswana Diamonds has already identified prospective drill ready targets. The intensive work included aeromagnetic surveys, ground magnetic surveys, soil sampling and target selection.

Analyses of concentrations of Kimberlitic Indicator Minerals (KIM’s) on the licences indicate proximity to kimberlite pipes, which regional geology suggests may be attractive in size and grade. Botswana Diamonds is already in extended discussions with a major international diamond producer to joint venture the next phase of work on these strategic licences. 

Source: miningreview.com

2 weeks ago

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