Pangolin starts drill programme at Botswana diamond projects

By Anine Kilian      / February 01, 2018 / www.miningweekly.com / Article Link

JOHANNESBURG (miningweekly.com) – TSX-listed Pangolin Diamonds has started a drill programme at its wholly-owned Malatswae and Moenyenana diamond projects, in Botswana.

Drill results are expected to be announced by the end of the second quarter once analysed and confirmed by a qualified laboratory.

Advertisement

"We are encouraged by the team's hard work in identifying these targets and look forward to a successful drill programme," chairperson Gareth Penny said in a statement on Thursday.

Pangolin has been working on developing new drill targets at these projects for the past eight months. Work included the collection of over 2 400 soil samples that averaged 60 ?,," in size, as well as processing them through the company’s dense-media separation plant and extensive ground magnetic and very low frequency surveys.

Advertisement

The 1 836 m2 Malatswae project is located roughly 60 km southeast of the prolific Orapa diamond fields.

A total of 25 diamonds have been recovered from soil samples, with the largest measuring 4 mm x 3 mm x 2 mm, with good colour.
The 5 061m2 Moenyenana project is located between Pangolin's Malatswae and Motloutse diamond projects.

Recent News

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok