Pangolin Diamonds Corp has announced that it has identified a second kimberlite drill target at its Motloutse Diamond Project located 150 km east of the Orapa Diamond Mine in Botswana.

Several other aeromagnetic anomalies have been selected for follow-up with soil sampling, ground magnetic and gravity surveys to identify targets over the next few weeks before the completion of the Motloutse drill programme by end July 2016.

The latest target identified is MG-08, an oval shaped target measuring approximately 4 hectares in size. It is a near surface and groundmagnetic anomaly from where anomalous concentration of positive kimberlite indicator minerals has been recovered at surface. Detailed soil sampling consisting of 225 samples within a grid area measuring 700 metres by 1,400 metres was conducted and sub-angular kimberlite indicator garnets with sculptured surfaces denoting proximity to source were optically identified. The indicator minerals are characterised by surface textures indicative of their source to be close.

Additional interpretation of the surface features of the indicators will be done by MCC Geoscience Inc. (Vancouver, B.C.) and subsequently a microprobe analysis will be carried out by C.F. Mineral Research (Kelowna, B.C.).

The remodelling of the project area for kimberlite drill targets is proceeding as per schedule for drilling to commence in the second half of 2016.

The Motloutse Diamond Project covers the area where the first diamonds in Botswana were recovered in 1959. It also includes the location where De Beers discovered its first diamonds in Botswana in 1962. The kimberlite source(s) of these diamonds have never been located.