Botswana Diamonds (BoD) already holds a prospecting licence over one of the targets and has now applied for licences containing three more. As announced previously, the Company’s AI analysis has identified seven kimberlite anomalies.
One particular anomaly, located South-West of Debswana’s Jwaneng Mine, is of particular significance. The anomaly signatures are ideal, and the anomaly suggests more than one potential kimberlite.
The fourth anomaly, which is close to KX36 and the previously identified twelve and six hectare gravity anomalies, is also of particular interest to the Company. Botswana Diamonds has long believed that KX36 is one of a kimberlite cluster. To date, no other diamondiferous kimberlites have been discovered in the surrounding area. This AI-identified anomaly may help confirm the existence of a kimberlite cluster around KX36.
If kimberlites containing diamonds are found, they should greatly enhance the commercial viability of the KX36 discovery. Larger projects justify infrastructure in remoter locations. In tandem with this diamond work, the AI models continue to trawl through the databases looking for gold, copper and lead zinc opportunities. Initial indications are also positive.
Chairman, John Teeling, commented: “Kimberlites are difficult and very expensive to find. Less than 8,000 have ever been discovered worldwide. To find seven potential kimberlites in a few months is an impressive accomplishment for the Company. We have taken the next step in exploration by applying for licences over prospective ground.
One of the applications covers an anomaly with many of the characteristics that are vital for a discovery. This anomaly is close to our KX36 discovery and has the potential to hold a cluster of kimberlites, as theory would suggest. Another, close to Jwaneng, is the highest ranked anomaly in the analysis. It is our belief that there are more diamonds mines to be found in Botswana. We really are well positioned”.
Managing Director, James Campbell, commented: “There is a saying in the exploration industry that every time there is a significant change in technology, the exploration clock starts to tick again. This happened with the re-discovery of AK6 (Karowe) by African Diamonds plc and De Beers where there was a step change in geophysical and drilling technology. I believe it is happening again with the maturing of Artificial Intelligence exploration solutions combined with massive data sets. I look forward to having “boots on the ground” to take these exciting targets to the next stage.”
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