Kweneng diamond Project commenced drilling!

Indicative soil of diamond stability field: Pangolin Reports 

Pangolin Diamonds reported update on recent activities at its various projects in the Republic of Botswana. Pangolin Diamonds also reports on AK10 Kimberlite Pipe, Malatswae Project, Motloutse Project & Yashomann Industries Option Agreement with the focus of Kweneng Project. 

At Kweneng Project Pangolin Diamonds commenced All 7 holes drilled intercepted the Main Dyke intrusive near surface. The Longest drill intersection of 14 metres true width & 120 metres of Main Dyke strike confirmed through drilling with the result of 52.5% of chromites recovered from soils indicative of diamond stability field, Soil sampling results indicate 1.5 kilometre strike length and remains open. Second Dyke discovered through drilling and running parallel Main Dyke have been successfully mined in South Africa for diamonds to 1000 metres below the surface.

Kweneng Project, a percussion drilling programme of 289 metres delineated the intrusive dyke previously identified in the Kweneng Project over a horizontal strike distance of 120 metres.  Seven holes were drilled targeting the intrusion.  All seven holes were positive. 

The longest intersection, drilling at an angle 60° from the horizontal, was 28 metres, which is 14 metres over a horizontal distance (true width).  A second hole approximately 47 metres to the northeast terminated after a 7.5 m true width intersection in the highly weathered and altered main dyke due to drilling difficulties. 

These intersections suggest that there are enlargements present within the main dyke. Samples from the boreholes will be processed through the in-house 1 TPH Dense Media plant for mantle indicators.  Due to the small volumetric sizes of the individual samples diamonds are not expected to be recovered. 

A soil sampling programme is underway to determine the extent of the mantle indicator spread along the strike of the regional structure and possible pipe like intrusions.  The soil sample results will be followed up by geophysical surveys to identify additional intrusions.  The next drilling programme is planned for after the entire soil sample programme and geophysical results are available.