Botswana Diamonds renews two prospecting licences
Botswana has renewed two of London-listed Botswana Diamonds’ prospecting licences – 224/2007 and 169/2019 – for two years until December 31, 2026.
The licences include the KX36 discovery, as well as several high-grade geophysical anomalies where authorisation has been granted for drilling.
KX36 is a 3.5 ha kimberlite pipe with an indicated resource of 17.9-million tonnes of 35 carats per hundred tonnes (cpht) and 6.7-million tonnes at 36 cpht – inferred – at $65/ct.
The company says the new kimberlite targets have potential to upgrade this resource.
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