Bostwana Diamonds bags diamond exploration licence
Botswana Diamonds has received a three-year, 262.6km² diamond exploration licence in the Orapa area of Botswana.
Production license 170/2012 is held 100% by Atlas Minerals, a wholly owned subsidiary of BOD, and can be renewed for two additional periods of two years each.
The prospecting license is considered to be part of the Orapa kimberlite cluster and is distinguished by a northward protruding tongue of thicker Kalahari cover, up to 60m deep.
Botswana Diamonds said the license is located on the highly prospective but lightly explored Kaapvaal craton where previous indications of the mantle suggested the presence of diamond bearing kimberlites.
Till date, kimberlites intercepted in the Orapa cluster are in areas of thin to no Kalahari cover.
Botswana Diamonds chairman John Teeling said PL170/2012 is a highly prospective licence which is under explored.
"The sand cover of 30 to 60 metres has meant that exploration techniques used until now, particularly soil sampling, have not been effective," said Teeling.
"The area shares similar characteristics with the area around the Gope mine development of Gem Diamonds and the X36 project of Petra Diamonds. New high resolution geophysics using airborne magnetics will be used to identify drilling targets."
The company intends to begin high resolution geophysical work on the targeted areas followed by percussion drilling of identified anomalies.
Image: Botswana Diamonds has received a prospecting license for diamonds in Botswana. Photo: HenryLi