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.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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