15th April 2021
Botswana Diamonds PLC
("Botswana Diamonds" or the "Company")
Second stage six-hole drilling campaign at Thorny River
Botswana Diamonds, the AIM and BSE listed diamond explorer, advises that a further drilling programme on its Thorny River diamond prospect in the Limpopo Province of South Africa will begin Monday, 19 April 2021.
Following the discovery of the River kimberlite pipe including 11 diamonds, the Company upgraded the potential of the property. An area with a similar geological and geophysical footprint immediately to the east of the River Pipe was identified. Analysis suggests potential for a larger kimberlite body than already identified.
Following completion of earth works during the course of this week a six-hole reverse circulation programme will start on Monday,19 April 2021. The programme is expected to take two weeks with the results announced shortly thereafter.
This release has been approved by James Campbell, Managing Director of Botswana Diamonds plc, a qualified geologist (Pr.Sci.Nat), a Member of the Geological Society of South Africa, a Fellow of the Southern African Institute of Mining and Metallurgy, a Fellow of the Institute of Materials, Metals and Mining (UK) and with over 35-years' experience in the diamond sector.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014. The person who arranged for the release of this announcement on behalf of the Company was James Campbell, Director
A copy of this announcement is available on the Company's website, at www.botswanadiamonds.co.uk
Enquiries:
| Botswana Diamonds PLC James Campbell, Managing Director Jim Finn, Director |
+353 1 833 2833 +27 83 457 3724 +353 1 833 2833 |
| Beaumont Cornish - Nominated Adviser Roland Cornish |
|
| Beaumont Cornish Limited - Broker Felicity Geidt | +44 (0) 207 628 3396 |
| First Equity Limited - Joint Broker
| +44 (0) 207 374 2212 |
| Blytheweigh - PR Said Izagaren Naomi Holmes | +44 (0) 207 138 3206 +44 (0) 207 138 3553 +44 (0) 207 138 3206 +44 (0) 207 138 3206 +44 (0) 207 138 3206 |
| Teneo Luke Hogg Alan Tyrrell Ross Murphy |
+353 (0) 1 661 4055 +353 (0) 1 661 4055 +353 (0) 1 661 4055 |
ENDS
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