Pangolin Diamonds Discovers Second Kimberlite in Botswana

(IDEX Online News) – Pangolin Diamonds Corp. recently announced the discovery a second kimberlite at its 100-percent owned Tsabong North Project in Botswana. The newly discovered Magi-02 kimberlite, along with the previously announced Magi-01, are two of seven new kimberlites found in the country in the past five years. Botswana is the world's leading diamond producing country by value.

The company’s newly appointed consultant, geologist Manfred R. Marx, said that a site visit and visual inspection of core samples of both kimberlites, infers that they may contain micaceous sandy tuffs similar to those observed in the lamproite volcanic structure at the Argyle diamond mine in Australia.

Marx led the field team that discovered the Orapa diamond mine in Botswana, the second-largest open pit diamond mine in the world.

Based on these positive results, Pangolin said two additional core drill holes intersecting at least 100 meters of kimberlite will be drilled on the Magi-01 and Magi-02 kimberlites for kimberlite indicator mineral and microdiamond recovery.

The company said it will continue to drill other previously identified kimberlite targets in the immediate area of the Tsabong North project before returning to the already identified kimberlites.