GJ Town India

Kalahari Anomaly contains about 8.70 million carats of diamonds   Botswana Diamonds plc, has discovered a second anomaly close to the anomaly previously announced on 23rd January 2024. The first is c.12 hectares in size and the second contiguous anomaly is c.6 hectares in size. The Company has started planning the drill phase of the two significant anomalies in the Kalahari of Botswana and an Environmental Impact Assessment (EIA) has commenced, as a prelude to drilling. It is anticipated that five holes will be drilled on the two anomalies.   The KX36 project is a 3.5 hectares kimberlite pipe in the Kalahari. The pipe has resources of 17.9 million tonnes at 35 carats per hundred tonnes and 6.7Mt at 36 cpht at $65 per carat. The modelled grade range is 57-76 cpht at an estimated diamond value of up to $107/ct. The new kimberlite targets have the potential to upgrade the existing resources in the area, including at the Ghaghoo Mine, which is currently under care and maintena...

The second largest diamond exploration database!   Artificial Intelligence (AI) to be applied to our Botswana database said, Botswana Diamonds plc. Botswana Diamonds announces that it is going to apply Artificial Intelligence techniques to our Botswana database. The company has the second largest diamond exploration database in Botswana.   This is an excellent foundation to incorporate AI to assist in a comprehensive search for new diamond deposits and potentially other minerals. Botswana Diamonds said, our database consists of, 1: c.95,000 sq km of data. 2: c.375,000 km airborne geophysical data. 3: 606 ground geophysical surveys. 4: c.228,000 soil sample results. 5: c.32,000 drill hole logs & 6: In total 380 gigabyte of data and 260,000 files.   The company will utilise Planetary AI Ltd Xplore mineral prospectivity technology which was developed in collaboration with International Geoscience Services Limited.  Xplore is a system that uses a unique combin...

Botswana Diamonds to determine the mining potential Botswana Diamonds (BOD) said, that a preliminary kimberlite assessment has been completed on its Thorny River diamond prospect in South Africa. Projected kimberlite volume significantly increased to an estimated 2 million tonnes. Economic study of mining options initiated. Four further potential blow targets identified: potential to further increase kimberlite volume.   John Teeling, chairman, commented: “The estimated kimberlite volume in the River area is considerably better than expected. Botswana Diamonds will now determine the mining potential.  Let me put this in context. The 2 million tonnes is almost twice the size of the nearby Marsfontein deposit. We have identified other small potential blows which could further increase the kimberlite volume. This enhances the potential in developing a hub and spoke-mining project”. The projected volume of kimberlitic material in the River, River Extension and in the immediate...

BOD Cooperation agreement to fast-track Botswana diamond exploration!   Botswana Diamonds (BOD), announce that it has entered into a cooperation agreement to fund exploration of its prospecting licence assets in Botswana with Diamexstrat Botswana Pty Ltd (DESB), which in turn has an alliance agreement with Burgundy Diamond Mines Limited. BOD’s prospecting assets comprise the recently acquired Sekaka Diamonds Exploration Pty Ltd database and Prospecting Licenses, as well as the Prospecting Licences held by BOD’s subsidiary, Sunland Minerals Pty Ltd.   DESB can earn up to a 70% interest in BOD’s Botswana Sunland Minerals and Sekaka’s Prospecting Licences BOD can earn a 15% interest in Prospecting Licences held by DESB (and partners) on the first US$1.5m spent on exploration by DESB where BOD’s database assists in the discovery of a primary kimberlite.   On 3rd party Prospecting Licences where targets are identified in BOD’s database, a joint earn-in will be negotiated a...

  Lucara Diamond renewal approved by Botswana   Lucara Diamond Corp and Lucara Botswana announces that the application for the renewal of Mining Licence No 2008/6L in respect of its AK06 (Karowe) Mine has been approved by Botswana's Minister of Mineral Resources, Green Technology and Energy Security. The renewal is effective January 4, 2021 for a period of 25 years, securing Lucara's mining rights to 2046 and marks a critical step in the formal sanction of the Karowe underground expansion project.  Eira Thomas, President and CEO commented: "The receipt of our mining licence renewal and extension to 2046 is an important milestone for the Karowe underground expansion project, paving the way for the completion of a supplemental debt financing and full project sanction later this year.   Lucara is grateful for the confidence and support demonstrated by the Government of Botswana as we work to expand our operations at Karowe underground, for the benefit of the Governm...

Government of the Republic of Botswana and De Beers Group agree one year extension to sales agreement due to pandemic impact   Due to the logistical challenges presented by the pandemic, The Government of the Republic of Botswana and De Beers Group have agreed to extend their existing contract for the sale of Debswana’s rough diamond production until the end of 2021.  The agreement was originally due to expire at the end of 2020. The extension, which will extend the terms of the existing agreement, will provide further time for discussions regarding the contract renewal.  Beers Group employs more than 20,000 people across the diamond pipeline and is the world’s largest diamond producer by value, with mining operations in Botswana, Canada, Namibia and South Africa.   Innovation sits at the heart of the De Beers Group strategy as it develops its portfolio of brands, including De Beers Jewellers and Forevermark, and other pioneering solutions, such as recently launc...

Acquires Sekaka Diamonds Pty Ltd   Botswana Diamonds (BOD) announces that the acquisition of Sekaka Diamonds Pty Ltd, as previously announced on 20th July 2020, has now been completed.  Sekaka was Petra’s exploration vehicle in Botswana and holds three Prospecting Licenses in the Central Kalahari Game Reserve in Botswana, PL169/2019, PL058/2007 and PL224/2007, which includes the high grade KX36 kimberlite pipe. The acquisition also includes an extensive database, built up over 15 years of exploration. John Teeling, chairman, commented. “We are delighted that this acquisition has now closed.  This now paves the way to explore commercial development options for KX36 and begin to evaluate the extensive database in conjunction with ours to discover more kimberlites in prime diamond real estate”.   Sekaka also holds a recently constructed, fit-for-purpose bulk sampling plant on site. The sampling plant includes crushing, scrubbing, dense media separation circuits and x-...

  Marsfontein and Thorny River Diamond Properties in SA focussed! By updating Botswana Diamonds (BOD),   shared the details on its latest phase of exploration on the Marsfontein and Thorny River Diamond Properties in South Africa as its’ Kimberlite targets are identified and the related drilling is scheduled to begin in two weeks! Previously in the month of May BoD had explored & about 87 macro diamonds were recovered from the fresh kimberlite giving a modelled grade of 50cpht and about 24 macro diamonds were recovered from Dump E giving a modelled grade of 16cpht.   A number of geophysical techniques and technologies were applied including gravity, electromagnetics, magnetics and ground penetrating radar. Out of the ten areas surveyed, the findings have identified four target areas including a potential blow of up to 0.25Ha and swells in the kimberlite dyke system of up to 10m. John Teeling, chairman, commented. “This phase of exploration on Thorny River and Marsfont...

  Precision geophysics to zero-in on priority drilling targets   Botswana Diamonds (BoD), announce that it has commenced a precision ground geophysics programme to zero-in on potential kimberlite pipes on the prospective Marsfontein and Thorny River properties. The company is focusing on four high-potential targets to finalise early drilling, 1. The largest and most prospective of the anomalies generated by UK group Subterrane’s recent detailed assessment.  Geophysics will confirm potential targets for November drilling. 2. An assessment by Canadian group Terra modelling  Services identified a further anomaly where geophysics will also confirm a target for November drilling.  3. New Marsfontein anomalies (M9 and M17) which were identified by reviewing historic data.  Our own detailed geophysical survey is required to accurately geo-reference the targets for drilling in November.  4. Two thick intersections on Frischgewaagt suggest multiple kimberlite...

Heritage Concession granted to Vast   Marange Diamond Fields Grant of Heritage Concession Botswana Diamonds advised that their partner in the development of the diamond potential of Zimbabwe, Vast Resources plc have advised that the Chiadzwa Community Development Trust has in principle been granted the right to mine diamonds in joint venture on the Heritage Concession at Block T1A of the Marange Diamond Fields and has appointed Vast as its joint venture partner in the exploration and mining of diamonds in the area. In May 2018 Botswana Diamonds signed a MoU with Vast. In terms of the MoU, the two companies would be exchanging past exploration information and forming a special purpose vehicle to jointly develop the diamond potential of Zimbabwe. The initial focus of this agreement is on the Marange Diamond Fields of eastern Zimbabwe. Vast holds exclusive access to key diamond concessions within the Marange Diamond Fields Heritage Concession through an agreem...

A total of thirty two of +0.425 mm -4.0 mm diamonds recovered Pangolin Diamonds has reached an agreement with Umgeni Holdings International Limited under which Umgeni has agreed to acquire a royalty interest in Pangolin’s Precious Stones Prospecting Licences located within the Central District of Botswana, as well as an area defined as the Adjacent Area of Interest for $600K.   Under the terms of the agreement, Umgeni has agreed to pay Pangolin an additional $600K, for a total of $1,200K in funding to date, to acquire the following royalty interests in Pangolin’s Malatswae, Moenyenana and Motloutse diamond projects. Dr. Jennings stated, “the primary reasons for my additional royalty purchase is because I believe Dr. Daniels knows more about Botswana’s kimberlite geology than anyone else in the world, and I strongly believe Pangolin is on the right track to discover a new and significant kimberlite field southeast of the Orapa Kimberlite Field at their Malatswae ...

Botswana Diamonds is Ready to riding high! Zimbabwe , an exciting opportunity has been acquired in the Marange Diamond Fields in Zimbabwe. A special purpose vehicle (SPV) has been established with Vast to develop diamond ventures in Zimbabwe. Vast has exclusive access to the Hermitage Concession (Block T1A) in Marange. Initial work done has identified several targets for placer deposits, as well as potential for the older conglomerates mined elsewhere in the area. Botswana has an initial 13% interest which could rise with subsequent funding. The first US$1m funding will be supplied by Vast. According to John Teeling, Chairman - Botswana Diamonds about the Marange Future, “ In better times for junior explorers we believe Botswana Diamonds would be riding high, getting access to the Marange diamond fields, anticipating a new partner in Sunland seeing progress on the Maibwe Project and receiving revenue and working towards a maiden resource at Thorny River. Ther...

Botswana Diamonds acquires remaining 50% of Sunland from Alrosa According to Botswana Diamonds that the company now holds 100% of the equity in Sunland Minerals, having acquired for a nominal sum the 50% previously held by Alrosa as part of the Company's joint venture with Alrosa for the Sunland JV. Initially Botswana Diamonds had 50% of holding & now, acquires remaining 50% of Sunland from Alrosa thus, the Company's 100% ownership allows for a new investor to enter as a new joint venture partner. Obligatory work could begin in the first half 2019 focussing on targets identified in 2018. A potential new investor, itself a large diamond producer with new ideas and keen to find new kimberlites in Botswana, is close to acquiring 50% of Sunland. Naturally, such new investment into Sunland could not be formalised until Botswana Diamonds took title to the Sunland shares. This is now done. The Company anticipates the New Partner stepping into the explorati...

Initial assessment of the T1A concession in The Marange Diamond Fields of Zimbabwe Botswana Diamonds announces that it and Vast Resources (Vast) have received a preliminary geological assessment of the Heritage Concession for Block T1A, within the Marange Diamond Fields of Zimbabwe. Vast has a due diligence access agreement and pre-agreed joint venture terms on the Heritage Concession and as announced on 4th October 2018, BOD has entered an agreement with Vast under which BOD will be engaged on due diligence, exploration, mining and marketing on the Heritage Concession. Key focal points are, 1: Potential for modern alluvial placers, 2: Possibility for older conglomerates & 3: Next steps are to carry out geological Mapping of the concession and hopefully advance to a trial mining programme.   John Teeling, Chairman, commented, “We have completed a desktop assessment of the Heritage (T1A) Concession in the Marange Diamond Fields.  This assessment has outline...