Pangolin Diamonds Corp has announced its first diamond recovery from the MTS Grid at the Malatswae Diamond Project, Botswana. This is the eleventh diamond recovered to date across the project. It also confirms the MTS grid area as a new diamondiferous kimberlite target area, the Company said.

The diamond is light brown and approximately 1mm x 0.7mm x 0.7mm in dimension. According to the Company, it derives from a larger diamond that was resorbed to a tetrahexahedroid shape. Brown secondary minerals attached to the surface of the diamond may influence the colour. There are two breakage surfaces and the smaller surface is resorbed, indicating interaction with the kimberlite magma. The larger surface is unresorbed and suggeststhat the diamond broke after the kimberlite was emplaced at the surface.

These results are from the MTS Grid where, in January this year, pyrope garnets with near-source features were reported. Kimberlitic garnets have visually been identified in 76 of the 163 soil samples that have been processed to date. A total of 470 samples were collected from the grid after the January discovery.

The Company said that drilling for kimberlite within the MTS grid will be undertaken later in  2016.