Diamond exploration firm Botswana Diamonds said it has identified five targets on its new licence in the Orapa region of Botswana.
The licence, which was issued in May, covers an area of 249 sq km and lies 30km to the east of the Letlhakane diamond mine.
company said results of testing in the area were very encouraging, and
would enable the company to move forward to its next stage of
Mineral chemistry data from soil samples
collected on the licence and a review of aeromagnetic data showed areas
with concentrations of diamond indicator minerals including garnets and
“We believe the five target areas we are now focussing
on offer very high potential, and look forward to providing a further
update on the findings of the ground magnetic and gravity surveys before
the end of the year,” chairman John Teeling said.
said a geophysics team is conducting ground magnetic and gravity surveys
to identify drilling targets, with results expected within six weeks.