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Botswana Diamonds Granted Additional Orapa License
Mar 24, 2015 3:26 AM
By Deena Taylor
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RAPAPORT... Botswana Diamonds was awarded a new prospecting license in the Orapa region of Botswana as part of the company's ongoing exploration joint venture with ALROSA.
The Botswana government granted the license to Atlas Minerals, the local subsidiary of the two companies. The license covers 316 square kilometers directly northwest of PL 207, which is already held by the joint venture.
John Teeling, the chairman of Botswana Diamonds, noted that the new license is a small but important step as the company concentrates on specific targets in the area. "We feel that there is a very good chance that unknown kimberlites exist in the area covered by our existing block PL 207 and the new block PL 085," he said.
While there is currently no record of kimberlites on either license, Teeling explained that ongoing work on the ground, coupled with field and laboratory analyses, will help ALROSA estimate the distance that certain kimberlitic indicator minerals, specifically red garnet gemstones, have traveled and where they originate from.
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Tags:
Alrosa, Botswana Diamonds, Deena Taylor, diamonds, Orapa
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