Pangolin Diamonds (TSXV:PAN) has provided an update on its wholly-owned Motloutse Diamond Project east of the Orapa Diamond Mine in Botswana.
As quoted in the press release:
The AGA-01 kimberlite target was confirmed on the ground to be associated with a gravity anomaly which coincides with positive kimberlitic indicator minerals. Sub-angular kimberlite indicator garnets with sculptured surfaces, denoting proximity to source, were optically identified from five soil samples collected directly over the gravity anomaly associated with the AGA-01 aeromagnetic anomaly. Both the gravity and soil sampling surveys at AGA-01 are being expanded to cover a larger area.
Additional kimberlite targets are being further developed using detailed gravity surveys expected to be completed by mid-June. Once the gravity results have been interpreted, the drill program will commence and include the additional targets identified. It is anticipated that the percussion drill program will be completed before the end of July 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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