News

Advanced Search

Botswana Diamonds, ALROSA Launch 2016 Exploration Program

Mar 3, 2016 5:34 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... Botswana Diamonds and ALROSA will commence in March their joint exploration program in Botswana.

A budget of $700,000 has been allocated for the project, which will be split equally between the partners, while the program will be managed by ALROSA, Botswana Diamonds said in a March 2 statement.

Highlights of the program include drilling wide diameter holes at a known kimberlite at the companies’ new PL 260 license in the Orapa area to test if diamond grades improve at depth, explained John Teeling, chairman of Botswana Diamonds.

Additional work will investigate local geophysical anomalies which could indicate the presence of kimberlites at the PL 210 license in Orapa. Anomalies have already been found at three out of the joint-venture’s four licenses in the Gope area, and the proposed work will identify drill targets.
Tags: Alrosa, Botswana, Botswana Diamonds, diamonds, gope, Orapa, Rapaport News
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2020 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.