19 February 2014
Botswana Diamonds plc ('Botswana Diamonds' or the 'Company')
Alrosa Geologists join Botswana team at PL117 licence
Botswana Diamonds (AIM:BOD), today announces that five senior geologists of its joint venture partner, Alrosa of Russia, have joined the Botswana team on site at its PL117 licence project in the Orapa region.
The Alrosa team arrived on site 13 February 2014, joining the Botswana group, who commenced exploration work in January this year. Together they will carry out further soil sampling, geophysical and geochemical work to define exact drill targets, with drilling expected to commence during the second quarter of this year.
Alrosa is the largest global diamond producer, with 17 active mines in Siberia and, producing 36.9 million carats in 2013, they account for approximately 25 per cent of global diamond production in terms of volume and value.
John Teeling, Chairman of Botswana Diamonds, said;
"We have identified licence PL117 as a key focus and the objective now is to apply Alrosa's track record of diamond exploration technology to locate high priority targets which we expect to drill.
"Alrosa will add their unique exploration skills to our team's knowledge, skills and experience to identify the best targets.
"In addition to this work on PL117, we are confident that we will soon announce the successful acquisition of new ground that will be worked under our Alrosa JV.
"These are exciting times for our company and, we believe, for Botswana as a world-leading diamond producing country."
Enquiries:
Botswana Diamonds PLC |
|
John Teeling, Chairman |
+353 1 833 2833 |
Jim Finn, Director |
|
Westhouse Securities Limited |
|
Richard Baty |
+44 (0) 20 7601 6100 |
Hugo Rubinstein |
|
African Alliance Botswana Securities |
|
Kabelo Mohohlo |
+267 364 3954 |
Oratile Leburu |
+267 364 3977 |
Blythe Weigh Communications |
+44 (0) 20 7138 3204 |
Tim Blythe |
+44 (0) 7816 924 626 |
Halimah Hussain |
+44 (0) 7725 978 141 |
Camilla Horsfall |
+44 (0) 7817 841 793 |
www.botswanadiamonds.co.uk
