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First diamonds recovered from Marsfontein Permit

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RNS Number : 1288T
Botswana Diamonds PLC
12 November 2019
 

12th November 2019


Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

 

First diamonds recovered from Marsfontein Mining Permit

 

 

Botswana Diamonds ("BOD"), the AIM and BSE listed diamond explorer, is pleased to report that the first diamonds have been recovered from plant commissioning activities on the Marsfontein Mining Permit.  These come from the diamond bearing gravels and residual unprocessed stockpiles surrounding the Marsfontein Mine. 

 

Plant commissioning is well advanced following the installation of an in-field screen, two rotary pans, grease and x-ray recovery.  Optimisation of the plant flow sheet is currently taking place and this will be followed by ramping-up to full production of 400-tons of pan feed per day.

 

John Teeling, Chairman, said: "I am delighted with the rapid progress the team has made on-site and it is noteworthy that the first diamonds were recovered within two weeks of the Mining Permit being granted.  I look forward to updating shareholders as the project develops."

 

 

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               

 

This release has been approved by James Campbell, Managing Director of Botswana Diamonds plc, a qualified geologist (Pr.Sci.Nat), 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 33-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

ENDS

Enquiries:

Botswana Diamonds PLC
John Teeling, Chairman

James Campbell, Managing Director

Jim Finn, Director

 

 

+353 1 833 2833

+27 83 457 3724

+353 1 833 2833

Beaumont Cornish - Nominated Adviser 
Michael Cornish

Roland Cornish

 


+44 (0) 020 7628 3396

Beaumont Cornish Limited - Broker 
Roland Cornish

Felicity Geidt

 

+44 (0) 207 628 3396

Blytheweigh - PR
Megan Ray
Fergus Cowan

+44 (0) 20 7138 3206

+44 (0) 207 138 3222

+44 (0) 207 138 3208

Teneo

Luke Hogg

Alan Tyrrell

 

+353 (0) 1 661 4055

+353 (0) 1 661 4055

 

 

www.botswanadiamonds.co.uk


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END
 
 
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Quick facts: Botswana Diamonds PLC

Price: 0.7

Market: AIM
Market Cap: £4.39 m
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