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BOD Botswana Diamonds Plc

0.35
0.00 (0.00%)
Last Updated: 08:00:03
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Botswana Diamonds Plc LSE:BOD London Ordinary Share GB00B5TFC825 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.35 0.30 0.40 0.35 0.35 0.35 162,738 08:00:03
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels 0 -3.68M -0.0038 -0.92 3.35M

Botswana Diamonds PLC Botswana Exploration Programme Starts (7341E)

13/02/2018 9:56am

UK Regulatory


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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

UPDLIFEAFEIVLIT

(END) Dow Jones Newswires

February 13, 2018 04:56 ET (09:56 GMT)

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