Botswana Diamonds & ALROSA JV Awarded Six New Prospecting Licenses

Mining and Exploration
25/04/2017 12:05

London Aim-listed Botswana Diamonds (BOD) has announced that Sunland Minerals - its joint venture (JV) with Russian diamond miner ALROSA - has been awarded six new prospecting licences in Botswana. Four are in the Central Kalahari Game Reserve (CKGR) and two are in the Orapa kimberlite province and extend to the end of March 2020. Those in the CKGR cover 3,135 and those in the Orapa area cover 482 The areas were selected following a detailed review of historical data by the BOD and ALROSA team. 

The CKGR area was selected as it is close to the Gem Diamonds Gope Mine as well as high interest projects held by the Maibwe Joint Venture, where BOD is a partner. The Kalahari cover is thinner and there are unexplained geophysical and kimberlite indicator anomalies some of which are contiguous with existing pipes. The Orapa area, North-East of Debswana's Letlhakane Mine was selected as there also unexplained anomalies. There are 85 kimberlites in the Orapa kimberlite province of which 8 are current diamond mines, or have been active diamond mines previously.  The Orapa Mine is also the largest Tier 1 diamond mine by area in the world at 118 hectares. In addition to the new PL's, the Company is also pleased to announce that an Alrosa team of geologists and mineralogists have arrived in Botswana to begin the 2017 field exploration program.

John Teeling, BOD Chairman, commented "I am delighted that we have been awarded this highly prospective ground in Botswana. This will allow us to work with Alrosa to deploy advanced exploration technology to areas which have not been looked at through this lens before."