Sep 24, 2015

Pangolin: Positive Results from Ground Penetrating Radar Survey at Malatswae, Botswana

Pangolin Diamonds Corp has reported receiving positive ground penetrating radar (GPR) survey results for the Company’s wholly-owned Malatswae Diamond Project, located 90 km southeast of the Orapa kimberlite field in Botswana.

A statement issued by the Company notes that the survey programme was carried out over several aeromagnetic anomalies as part of an orientation programme in an area where anomalous concentrations of kimberlite indicator minerals have been reported.

It said that the results from surveys over both magnetic positive and magnetic negative targets are consistent with the presence of an intrusive structure at a number of the targets surveyed. 

The Company said that a series of gravity surveys will be undertaken as soon as independent contractors are appointed.  The gravity surveys will be focused over aeromagnetic anomalies that have also been associated with positive GPR results. The gravity results will contribute to the selection criteria of drill targets during the fourth quarter of 2015.