Mar 30, 2016

Pangolin Identifies Three Exploration Focus Areas within the MTS Grid

Pangolin Diamonds Corp. announced yesterday that in the MTS Grid, located within the Company’s wholly-owned Malatswae Diamond Project in Botswana, it had recovered 177 kimberlite indicators  from 99 soil samples collected   from a 0.8 km2 area of the larger grid.

A total of 174 kimberlitic garnets and three kimberlitic picroilmenites were recovered from the samples. “A surface texture analysis of the garnets concluded that the majority have surface textures consistent with a proximal source,” the Company reported. “Two samples contained five garnets with proximal features including one having a G10 composition. A total of eleven G10 garnets were identified within the grid.”

Pangolin said that both in-house ranking and ranking developed by CF Minerals (Kelowna, B.C.) “suggests that many of the other garnets also have diamond-stable compositions”.

“Additionally, two picroilmenites in a sample that also contained a near-source pyrope have fragile surface features suggesting a very close source,” the Company said.  “Based on these results, three focus areas are defined by anomalous concentrations of kimberlitic indicators with surface textures indicative of a proximal source.”

The MTS Grid, a defined area of   1.5 km2, falls in the northern portion of the Malatswae Diamond Project.

Pangolin also announced that drilling for kimberlite within the MTS Grid will be undertaken in 2016.