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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Botswana Diamond PLC | AQSE:BOD.GB | Aquis Stock Exchange | Ordinary Share | GB00B5TFC825 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.375 | 0.30 | 0.45 | 0.375 | 0.375 | 0.375 | 0.00 | 06:56:57 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMBOD
RNS Number : 5247G
Botswana Diamonds PLC
18 March 2020
18(th) March 2020
Botswana Diamonds PLC
("Botswana Diamonds" or the "Company")
Bulk sampling to commence on Marsfontein
Botswana Diamonds ("BOD"), the AIM and BSE listed diamond explorer, is pleased to provide an update on its Marsfontein project.
The Company announced on 24(th) February 2020 that 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 kimberlite pipe and has been identified as 'high-interest'. In response a bulk sampling campaign has commenced on site of the remnant kimberlite of the same type encountered in the drill samples. Treatment will be undertaken by Vutomi's mining contractor at a nearby diamond processing facility using two stage crushing, screening, pans, x-ray and grease recovery processes.
A National Disaster in respect of Corona virus has been declared in South Africa. This will impact the scheduling of this project in the coming weeks.
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 3222 Rachael Brookes +44 (0) 207 138 3203 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
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
March 18, 2020 03:00 ET (07:00 GMT)
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