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Thorny River project
The company’s expectation based on the historical grade of Thorny River / Marsfontain dykes is 60 carats per hundred tonnes.
“The recovery of so many kimberlitic indicators is highly encouraging and bodes well for the potential commerciality.”
AIM and BSE listed diamond explorer Botswana Diamonds has commenced drilling on its Thorny River and Marsfontein project areas in South Africa.
“The principle key to applying Sigmoid Tectonics lies at the basis of the interpretation of geophysical anomalies," says Andrew Long.
Botswana Diamonds has identified what is believed to be kimberlite pipes buried at shallow depth on its Thorny River ground.
AIM-listed Botswana Diamonds has undertaken a share placing with existing and new investors to raise £370 000 via the issue of just over 67.2 million new ordinary shares.
AIM-listed diamond exploration company Botswana Diamonds is advancing towards diamond production at the Thorny River project in South Africa.