4 September 2012
Orapa Prospecting Licence Update
Botswana Diamonds plc (AIM: BOD) ("Botswana
Diamonds") is pleased to provide an update on the work
being performed on licence PL170/2012 in the Orapa area of
Botswana. The licence awarded earlier this year
covers 262.6 square kilometres and lies 70 kilometres to
the southwest of the giant Debswana owned Orapa diamond
mine. The ground lies within the area generally
considered to contain the Orapa kimberlite cluster.
A detailed analysis has been completed on available
information involving high resolution aeromagnetic data,
ground geophysics and mineral chemistry. Twelve
targets have been identified of which five are top
priority. Detailed ground magnetic and gravity
surveys and a follow up percussion drilling programme will
commence shortly. The entire programme is expected to
be completed within six months. The licence is wholly
owned by Botswana Diamonds and is separate to the ongoing
joint venture with a major international resource
company. Preliminary results from this joint venture
are positive. A detailed report will be issued in the
near future.
John Teeling, Chairman, commented:
"The new licence, PL170/2012 is proving to be as
good as we hoped. We have outlined twelve targets on
the ground of which five look particularly
interesting. We are mobilising crews to undertake
ground surveys on these five to identify drilling
targets. The ground work, modelling and drilling will
be completed within six months."
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This release has been approved by Benjamin Mosigi,
MSc (Mineral Exploration and Mining Geology), who is a
member of the Geological Society of South Africa.
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Enquiries:
Botswana Diamonds PLC
John Teeling,
Chairman
+353 1 833 2833
Westhouse Securities Limited
Richard
Baty
+44 (0)20 7601 6100
Petre Norton
Blythe Weigh
Communications
+44 (0)20 7138 3204
Tim
Blythe
+44 (0) 7816 924626
Paul
Weigh
+44 (0) 7919 050828
Robert Kellner +44
(0) 7800 554377
Pembroke Communications
David
O'Siochain
+353 1 649 6486