Pangolin Diamonds (TSXV:PAN) has provided an update for its wholly-owned Motloutse Diamond project located 150 km east of the Orapa Diamond Mine in Botswana.
As quoted in the press release:
A percussion drill programme will commence on July 27th and is anticipated to be completed within the next two weeks. Results from the drill programme will be announced once all material submitted to laboratories in Canada have been analyzed.
The kimberlite targets are inclusive of AGA-01, an aeromagnetic and gravity anomaly associated with positive sub-angular kimberlite indicator minerals recovered at surface and MG-08 with an anomalous concentration of positive kimberlite indicator minerals recovered at surface, as both previously announced respectively (see releases May 31, 2016 and June 13, 2016).
The Motloutse Diamond Project covers the area where the first diamonds in Botswana were recovered in 1959. It also includes the location where De Beers discovered its first diamonds in Botswana in 1962. The kimberlite source(s) of these diamonds have never been located.
Click here to read the full press release.
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