|
|
Botswana Diamonds Finds Promising Kimberlite
Oct 2, 2017 7:56 AM
By Rapaport News
|
|
|
RAPAPORT... Botswana Diamonds’ share price jumped 15% Friday after the
company gave a positive report of the potential quality of a kimberlite pipe at
its exploration project in South Africa.
The rock at Ontevreden, South Africa, displays
characteristics typically present in high-grade kimberlite pipes, Botswana
Diamonds said, citing an analysis that researchers at the University of
Johannesburg carried out. It plans to drill the kimberlite — a rock that
sometimes contains diamonds — later this year.
“The exciting new kimberlite discovery at Ontevreden
continues to entice,” said John Teeling, chairman of Botswana Diamonds. “Samples
from the surface contain significant quantities of G10 and G9 garnets —
high-quality diamond-indicator minerals frequently found at high-grade
kimberlite pipes.”
|
|
|
|
|
|
|
|
|
|
Tags:
Botswana Diamonds, John Teeling, kimberlite, Ontevreden, Rapaport News, South Africa
|
|
|
|
|
|
|
|
|
|
|
|
|