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Diamonds & gemstones

Pangolin Diamonds finds more kimberlite indicator minerals at Malatswae project

Pangolin Diamonds (CVE:PAN) says it has recovered additional kimberlite indicator minerals from a detailed surface sampling program at its Malatswae project in Botswana.

In total, 13 mineral grains and a fragment of garnet peridotite were recovered from two separate source areas at the site, which are in close proximity to the previously reported diamonds, according to the Toronto, Ontario-based company's release.

All indicator minerals show features consistent with a proximal host rock such as kimberlite, it added.

A total of 62 soil samples from 31 sample sites were collected to further qualify the earlier discovery of three diamonds and kimberlite indicator minerals from within a 1 sq km area of the Malatswae project. Using an airborne magnetic layer, two geophysically-distinct areas were selected for follow up close-spaced soil sampling.

The company said drilling at the site is expected to begin before November 8, after the completion of a ground magnetic survey over a 3 by 3 km area.

Pangolin has four exploration properties in the world’s leading country for diamond production by value, including Tsabong North, which is about 100 km north of the town of Tsabong in southwestern Botswana.