Botswana Diamonds intersects kimberlite at Marsfontein

By Tasneem Bulbulia      / February 24, 2020 / www.miningweekly.com / Article Link

Dual-listed Botswana Diamonds on Monday announced that kimberlite, identified by visual inspection, had been intersected at shallow depth in two out of three holes drilled at the Marsfontein project in Limpopo, South Africa.

The company has been undertaking a percussion drilling campaign on Thorny River and the contiguous Marsfontein project.

Advertisement

This kimberlite is believed to be associated with the high-grade Marsfontein M1 pipe.

Further exploration work is planned.

Advertisement

Meanwhile, two holes drilled at Thorny River showed geological structures consistent with kimberlite emplacement.

More detailed ground mapping and geophysics will better define targets for further drilling.

Environmental authorisations have also been granted over the remainder of the farm Marsfontein and over the farm Meinhardskraal.

These areas include the M8 kimberlite fissure complex, which is an extension of the Marsfontein M1 kimberlite pipe.

Recent News

Gold stocks propelled by gain in metal and equities

May 13, 2024 / www.canadianminingreport.com

Big Gold producers report strong Q1/24 results

May 13, 2024 / www.canadianminingreport.com

Gold stocks decline as metal drop offsets equity risk on

May 06, 2024 / www.canadianminingreport.com

Canadian mining equity capital raising robust in 2023, early 2024

May 06, 2024 / www.canadianminingreport.com

Gold stocks gain even as metal price pulls back

April 29, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok