Botswana Diamonds to sell Thorny River diamonds

The Botswana Diamonds, associate Vutomi, received permission to sell diamonds recovered during bulk sampling at their Thorny River project. Untill, 256 carats of rough diamonds had been recovered. The sale of diamonds from bulk sampling will enable funding of further development by Vutomi.

 

Sequence of  bulk sampling site being worked, Consent received for the sale of diamonds, Sale of diamonds will fund further exploration activity and Mining Permit application accepted for coveted portion of the contiguous Marsfontein farm!

 

Trenching by Botswana Diamonds has identified a ‘hotspot’ at Thorny River with a thick kimberlite intersection of four metres wide, suggesting a kimberlite blow.  256 carats of rough diamonds have already been recovered from re-commissioning the processing plant.  The bulk sampling programme will generate short-term cash flow, whilst building the mineral resource. 

 

“Our partner, SouthernEra Diamonds, have included their coarse tailings dumps generated from the mining of the Marsfontein and Klipspringer diamond mines into the same revenue sharing agreement. The Thorny River bulk sampling project is a joint venture between SouthernEra providing the processing (40%), Palaeo (40%), the mining contractor and Vutomi (20%) is providing the ground” said Botswana Diamonds.

 

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