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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 : 9280D
Botswana Diamonds PLC
24 February 2020
24(th) February 2020
Botswana Diamonds PLC
("Botswana Diamonds" or the "Company")
Kimberlite intersected on Marsfontein
Botswana Diamonds ("BOD"), the AIM and BSE listed diamond explorer, is pleased to provide an update on the percussion drilling campaign on Thorny River and the contiguous Marsfontein project.
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 pipe. Further work is planned.
Two holes were drilled on the neighbouring Thorny River properties. Geological structures which are consistent with kimberlite emplacement were encountered in both holes. More detailed ground mapping and geophysics will better define targets for further drilling.
Environmental Authorisations have been granted over the remainder of the farm Marsfontein and over the farm Meinhardskraal. These areas include the M8 kimberlite fissure complex which is an extension of the Marsfontein M1 kimberlite pipe.
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 3553 Madeleine Gordon-Foxwell +44 (0) 207 138 3208 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
February 24, 2020 07:27 ET (12:27 GMT)
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