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Pangolin Begins Drilling New Target

Dec 6, 2013 2:11 PM   By Jeff Miller
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RAPAPORT... Pangolin Diamonds Corporation completed core drilling at its GK6 geobotanical anomaly at Jwaneng South in Botswana but did not intersect kimberlite. Drilling intersected an igneous intrusion, which accounted for the botanical anomaly, the magnetic and gravity profiles, as well as the trace element results obtained over the feature.

The drilling team has been relocated to a different geophysical target within the project area, where drilling has commenced, according to Pangolin. The target currently being drilled is modeled to be in excess of 20 hectares in size.

Leon Daniels, the chairman of Pangolin, said, "The result from GK6 is disappointing. However, Pangolin has identified numerous kimberlite targets in Botswana and our exploration in Jwaneng South and our three other project areas continues with intensity."

Tags: Botswana, Jeff Miller, kimberlite, pangolin
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