Pangolin Diamonds Getting Exploration Results in Botswana

Mining and Exploration
09/05/2018 10:47

Pangolin Diamonds Corp.,a diamond exploration company in Botswana, has recovered two diamonds and 100 positive kimberlite indicators from a 4 hectare soil sampling grid at the MAL 001 drill target located in the company's wholly-owned Malatswae Project. The recovery is the second positive result the junior miner has announced in the past two weeks, following the companies first diamond at the Jwaneng South Diamond Project, Botswana. The promising Malatswae Project is located in an area 85 km southeast of the AK6 Karowe diamond mine, operated by Lucara Diamonds Corp., in the Central District of Botswana. The kimberlite indicators were recovered from unscreened 100 litre samples collected within a 4 hectare area at GPS controlled sample sites. A detailed groundmagnetic survey has been completed over an area of 4 hectares and no magnetic anomaly is present.

Two weeks ago, Pangolin announced the recovery of the first diamond at the Jwaneng South Diamond Project from a soil sample, with indications that the diamond is close to the source. The project is located in an area 100 km south of the Jwaneng diamond mine in the Southern District Botswana. The white diamond measuring approximately 1 mm in its long axis is a fragment of the original diamond, the company writes in a statement. "The presence of a chrome spinel inclusion on the broken surface of the diamond is interpreted to be an indication that the diamond is close to source and transport distance is minimal." They further note that a detailed groundmagnetic survey has been completed over an area of 144 Ha area and a magnetic anomaly has been identified in the south of the area. The diamond is was recoverd in an area adjacent to the groundmagnetic anomaly. The explorer is has also commenced an evaluation on the AK10 diamondiferous kimberlite pipe, located in the Orapa Kimberlite Field, just 4 km from the now famous AK06/Karowe mine. Pangolin signed an option agreement to earn up to a 75% interest in the diamondiferous AK10 diamond project last month. It was originally discovered in 1968 from airborne magnetics by De Beers, who established it is diamondiferous.