R/€ = 15.22 Change: -15.07
R/$ = 13.08 Change: -12.95
Au 1247.34 $/oz Change: -3.88
Pt 926.00 $/oz Change: -4.00
 
 
R/€ = 15.22 Change: -15.07
R/$ = 13.08 Change: -12.95
Au 1247.34 $/oz Change: -3.88
Pt 926.00 $/oz Change: -4.00
 
 
BACK

Botswana Diamonds’ Vutomi licences extended adjacent to Frischgewaagt

17th July 2017 BY: Natasha Odendaal
Creamer Media Deputy Editor Online

JOHANNESBURG (miningweekly.com) – Dual-listed Botswana Diamonds has been granted a prospecting licence over an additional 1 000 ha immediately east of and contiguous to its Frischgewaagt project, in South Africa.

The explorer’s current drilling programme, which is expected to start within weeks, will be extended into the new area, after geophysics studies indicated that the kimberlite dyke/pipe system being studied extended into the adjacent property.

Advertisement

The combined area of the two properties covers over 2 700 ha.

“Initial results are encouraging, but we do not yet know where the richest mineralisation will be confirmed. Work so far strongly indicates that the system containing diamonds extends eastwards, adjacent to our Frischgewaagt property,” said Botswana Diamonds chairperson John Teeling in an update to shareholders on Monday. 

EDITED BY: Creamer Media Reporter
EMAIL THIS ARTICLE SAVE THIS ARTICLE ARTICLE ENQUIRY