Botswana Diamonds to start drilling soon

The board of Botswana Diamonds has provided an update on the Vutomi prospect at Frischgewaagt (FGT) in North West Province. This follows the results of the bulk sample and an update to the estimation analysis technique, and provides a refined estimate for the grade at the FGT joint venture.

Ongoing work by Dr K Peterson indicates a medium grade of 78cpht in a range of 64 to 110cpht at a bottom cut-off of +1 mm. A geophysics programme has been completed and evaluation is ongoing.

Botswana
Image credit: Botswana Diamonds

Additional details will be announced but initial results indicate that the dyke system now covers 7.5km, up from 6km and that three anomalies have been defined, which could be ‘blows’ on the dyke. A ‘blow’ is where the dyke swells and may become a small pipe.

Botswana Diamonds chairman John Teeling, comments, “An estimated midpoint grade of 78cpht at Frischgewaagt is very good news. The former Marsfontein mine is close by on the same dyke system had better grades and this was a blow. Even better news is the identification of potential ‘blows’ on the dyke. We will focus our upcoming drilling on these anomalies.”

The drilling programme will start in late July and focus on testing the anomalies with the intention of having an initial inferred resource by the end of the year. Vutomi has a 28% BEE partner and has all necessary permits for ongoing work, so is well placed to comply with the new mining charter.

 

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