🕐05.06.14 - 10:27 Uhr

BOTSWANA DIAMONDS [AIM:BOD] - FIRST RESULTS OF JV EXPLORATION PROGRAMME





Fortbridge Media Release

Botswana Diamonds [AIM:BOD] - First results of JV exploration programme

First results of JV exploration programme
Alrosa Identifies Targets with High Potential to be new Kimberlite Discoveries.
Botswana Diamonds plc (�Botswana Diamonds�) (AIM: BOD) announces the first results of its joint venture exploration programme on PL117/2011 in the Orapa region of Botswana. The joint venture company, Sunland Minerals, is owned 50/50 between Botswana Diamonds and Alrosa.
� First phase of analysis by Alrosa, on behalf of Sunland Minerals, of data collected on PL117 in Orapa completed.
� Targets identified.
� Two specific targets AN117/1 and AN117/2 have been identified in the northern part of the block.
� The Alrosa technology identifies these targets as having high potential to be new kimberlite discoveries.
� AN117/2 which has been identified using geophysical data is scheduled to be drilled in September of this year.
� AN117/1 identified by mineralogical analysis will be further defined by a 300x300m Transient Electromagnetic Method (TEM) survey, with a view that it will be progressed towards drilling.
� Three further anomalies AN1, AN2 and AN4 need further work to define drill targets.
� The new targets are different from the already known AK10 kimberlite in that they do not have a wide near surface expression as the kimberlites may not have blown their way to surface through the overlaying rocks.
John Teeling, Chairman, commented; �We have identified a number of new targets on PL117 which are in an area known to be prospective for diamond bearing kimberlites. One, AN117/2 will be drilled in September this year while at the same time further work will be undertaken to identify the exact drill site for AN117/1. Three further anomalies have been identified which are highly promising and will be defined in the coming months.
�This is what we hoped from the collaboration with Alrosa. New eyes, new ideas and new techniques bringing a fresh approach to exploring the best diamond region in the world.�
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This release has been approved by Benjamin Mosigi, MSc (Mineral Exploration and Mining Geology), who is a member of the Geological Society of South Africa.
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Enquiries:

Botswana Diamonds PLC
John Teeling, Chairman +353 1 833 2833
Jim Finn, Director
Westhouse Securities Limited
Richard Baty +44 (0) 20 7601 6100
Hugo Rubinstein
Dowgate Captial Stockbrokers Limited
Jason Robertson +44 (0) 129 351 7744
African Alliance Botswana Securities
Kabelo Mohohlo +267 364 3954
Oratile Leburu +267 364 3977
Blytheweigh +44 (0) 20 7138 3204
Tim Blythe +44 (0) 7816 924 626
Halimah Hussain +44 (0) 7725 978 141
Camilla Horsfall +44 (0) 7817 841 793
Pembroke Communications
Natalie Tennyson +353 1 649 6486
Alan Tyrrell +353 1 649 6486








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