Botswana Diamonds PLC Botswana Exploration Programme Starts (7341E)
13 February 2018 - 8:56PM
UK Regulatory
TIDMBOD
RNS Number : 7341E
Botswana Diamonds PLC
13 February 2018
13(th) February 2018
Botswana Diamonds PLC
("Botswana Diamonds" or the "Company")
Botswana Exploration Programme Starts
Botswana Diamonds is pleased to announce that work is commencing
on the H1 2018 Alrosa/Botswana joint venture (Sunland Minerals) in
Botswana. The objective of the work is to follow-up on 15
previously identified priority geophysical targets in PL232- 235
and PL001-004 in the Central Kalahari Game Reserve ('CKGR'). Ground
magnetics will be used to supplement the airborne gravity and
airborne magnetic data obtained in earlier work. A soil sample
programme will operate in conjunction with the magnetic surveys.
The objective is to turn geophysical targets already identified
into drill targets.
This phase of the work is being supervised by an exploration
team from Botswana Diamonds and is fully funded.
The Board is also pleased to inform shareholders that at the
Mining Indaba held in Cape Town last week, Botswana Diamonds was
awarded runner up in the prestigious Livingstone and Stanley Award
for African exploration. Randgold Resources was awarded the first
prize.
This release has been approved by James Campbell, Managing
Director of Botswana Diamonds plc, a qualified geologist
(Pr.Sci.Nat), a Fellow of the South African Institute of Mining and
Metallurgy, a Fellow of the Institute of Materials, Minerals and
Mining with over 32-years' experience in the diamond sector.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) 596/2014.
ENDS
Enquiries:
Botswana Diamonds PLC
John Teeling, Chairman +353 1 833 2833
James Campbell, Managing
Director +27 83 457 3724
Northland Capital Partners
Limited
David Hignell/Gerry Beaney
(Corporate Finance) +44 (0) 203 861 6625
John Howes (Broking)
Blytheweigh +44 (0) 207 138 3204
Camilla Horsfall +44 (0) 781 784 1793
Nick Elwes +44 (0) 783 185 1855
Teneo PSG
Luke Hogg +353 (0) 1 661 4055
Alan Tyrrell +353 (0) 1 661 4055
www.botswanadiamonds.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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