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Botswana Diamonds PLC provided an update on its Marsfontein project in South Africa on March 2, 2023. Site establishment at the Vutomi-owned alluvial and dump mine commenced in the last week of January 2023, resulting in approximately 1,500 tons of excavated eluvial gravels. The processing plant's commissioning with gravels has begun, with first diamond recoveries now expected this month, following previous expectations for February.
| Date | 2 Mar 2023 |
| Time | 10:15:01 |
| Category | Corporate updates |
| ID | 6809R |
2nd March 2023
Botswana Diamonds PLC
("Botswana Diamonds" or the "Company")
Marsfontein Update
Botswana Diamonds plc ('BOD') the London AIM and Botswana Stock Exchange listed diamond exploration and development company is pleased to provide an update on its Marsfontein project in South Africa. As previously announced, the Vutomi owned alluvial and dump mine at Marsfontein was expected to produce diamonds in February. Site establishment commenced during the course of the last week of January 2023 and since that time, approximately 1,500 tons of eluvial gravels from the main Marsfontein pipe have been excavated and are awaiting processing. The processing plant has been established and commissioning with gravels has just commenced. First recoveries of diamonds are therefore now expected this month and a further announcement will be made in due course.
A copy of this announcement is available on the Company's website, www.botswanadiamonds.co.uk
Enquiries:
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Botswana Diamonds PLC James Campbell, Managing Director Jim Finn, Director |
+353 1 833 2833 +27 83 457 3724 +353 1 833 2833 |
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Beaumont Cornish - Nominated Adviser Roland Cornish |
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Beaumont Cornish Limited - Broker Felicity Geidt |
+44 (0) 207 628 3396 |
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First Equity Limited - Joint Broker
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+44 (0) 207 374 2212 |
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BlytheRay - PR Said Izagaren
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+44 (0) 207 138 3206 +44 (0) 207 138 3553 +44 (0) 207 138 3206 +44 (0) 207 138 3206
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Teneo Luke Hogg Alan Tyrrell
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+353 (0) 1 661 4055 +353 (0) 1 661 4055
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