Botswana Diamonds has received five new prospecting licenses in the Orapa region of Botswana, the company reported. The licenses cover a total area of 1,357 square kilometers and will be explored as part of the ongoing joint venture between the company and ALROSA.
identified the area as a high priority, but the company did not
previously have rights to explore some of the targets identified.
now have some of the top targets on our licenses. In particular ground
to the north and west of the main Orapa area which has problems with
swampy conditions and deep sand. Little exploration has been done on
these areas with no known kimberlites to date. ALROSA believes the
ground has kimberlites and that their technology and expertise will find
them," said John Teeling, the chairman of Botswana Diamonds.
Teeling noted that the company has a joint budget of $1 million for the year to fund exploration.
on the new ground will be carried out at the same time as work at the
company's PL 117 license, where a drill program with two targets is set
to be implemented.