Almas Resources: Emerging Diamond Producer

More Kimberlite Discovered at Thorny River, South Africa

August 10, 2022

BY: John Jeffay

“Botswana Diamonds says it has found more kimberlite - the rock that hosts diamonds - during explorations at its Thorny River project in South Africa.

Last September, the UK-listed company took full control of the site, in northern Limpopo province, by exercising its pre-emptive right to acquire outstanding third-party interests.

The company says its drilling campaign has discovered a total of 52 metres of kimberlite intersections, the longest being a vertical intersection of 22 metres and it is now seeking a mine permit.

Chairman, John Teeling said: "We have finished exploration and now move toward mine development. We already have a good understanding of how the mine will look. The recent drilling identified the entry point for a mine.

"The next stage is to refine the mine model and to apply for a mining permit."

SOURCE: IDEXONLINE

www.idexonline.com

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