Botswana Diamonds said about the high grade anomaly discovered close to KX36 kimberlite pipe in Botswana and presented its’ highlights,
1: Gravity survey discovers high-grade anomaly similar in size to the KX36 diamond discovery in the Kalahari.
2: The anomaly has a strong gravity signature which gives us confidence that it will prove to be a kimberlite.
3: Three other anomalies are being modelled with results expected in February &
4: The likelihood of a cluster of kimberlites is growing.
Chairman, John Teeling, commented, “This is the first strong indication of additional kimberlites around the KX36 discovery. Kimberlites come in clusters, but extensive exploration has to date not been successful. The anomaly has a strong gravity signature which gives us confidence that when drilled, it will prove to be a kimberlite. The anomaly sits on a structure like all the other kimberlites in the Kalahari, which further increases confidence. It is early days but very good news”.
Botswana Diamonds plc (BOD), is very pleased to announce that a gravity survey has now been completed over four high-grade geophysical targets that had good magnetic response in a previous survey undertaken by the Company.
Preliminary results from this gravity survey show that at least one of the four targets, which is located six kilometres south of the existing KX36 diamond discovery, has an excellent gravity response similar to that of known kimberlites and similar in size to KX36.
The survey on the KX36 size anomaly is being repeated and correlated with previous results for confirmation. Next steps will be a drilling plan.
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