Pangolin Diamonds (CVE:PAN) provided Tuesday an update on its exploration at its Botswana projects, saying that a ground magnetic geophysical survey is underway at its Tsabong North project which is expected to fine tune the targeting of the Magi kimberlite.
Currently, one diamond drill continues to test exploration targets at Tsabong North, including Magi, which was discovered last year after the company announced it modeled the structure at 270 hectares, making it one of the largest kimberlites in the world. The company said five diamond drill holes were completed between January 24 and February 22, two of which were at Magi.
Samples from one of the Magi holes were delivered to a lab in Canada for micro-diamond recovery, said Pangolin, with work currently underway. The drill will move to the Magi discovery again shortly, where further processing of the airborne magnetic data has refined this target.
The diamond explorer said two large circular features, measuring 300 by 300 metres and 400 by 400 metres, respectively, were revealed, with each to be tested with a single drill hole. A geophysical survey is now underway at Magi, which is expected to better describe the architecture.
Meanwhile, at the Jwaneng South project in south central Botswana, the company said one diamond drill continues to test exploration targets, with only one having been tested this year so far as difficult conditions and mechanical breakdowns have hampered drilling activity in the region.
And at the Mmadinare project, Pangolin said further pitting and trenching to recover samples for micro-diamond recovery and to allow for geological mapping are planned for the coming months.
Pangolin, which has four exploration properties in the world’s leading country for diamond production by value, is focused on Tsabong North, which is about 100 km north of the town of Tsabong in southwestern Botswana. The diamond explorer has found more than 50 drill-ready targets in the area, several of which have surface areas greater than 20 hectares.