Botswana Diamonds detects 13 new diamond targets
Botswana Diamonds (LON:BOD), the Diamond exploration company, has identified 13 specific sites in the north east of Botswana believed to contain diamond kimberlites.
The positive results are borne out of a year-long technical co-operation agreement between Botswana Diamonds and a major diamond multinational.
As a consequence, the diamond explorer has extended the technical cooperation agreement with its project partner until June 30, 2014. It will now focus on the south and southeast of the African country.
“There is no certainty in exploration. What lies under the ground is always unknown until drilled but the results from the work done by [both companies] in the past year are promising,” said Botswana Diamonds chairman, John Teeling.
The company added that an exploration program of detailed ground gravity, soil sampling and drilling is ready to proceed once licences are obtained.