Thorny River diamond dyke project, South Africa – update
Photo by Botswana Diamonds
Name of the Project
Thorny River diamond dyke project.
Location
The project is a consolidation of the Frischgewaagt, Hartbeesfontein and Doornrivier properties, in Limpopo, South Africa.
Project Owner/s
Diamond exploration and project development company Botswana Diamonds (BOD).
Project Description
Thorny River comprises the eastern extension of the kimberlite dyke and/or pipe systems on which the Klipspringer and Marsfontein mines are located, both of which have been economically mined.
The project has a modelled in situ grade range of 46 carats per hundred tonnes (cpht) to 74 cpht, and a diamond value range of $120/ct to $220/ct.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Not stated.
Planned Start/End Date
Production at Thorny River is expected to start in the second half of 2023.
Latest Developments
BOD confirms that plans to start production are well advanced and on track to start in the second half of 2023.
The company is also obtaining two full mining permits over the Thorny River licences, which is required before plant and equipment can be mobilised to site.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
BOD, tel +353 1 833 2833/+353 1 833 2833, fax +353 1 833 3505 or email info@botswanadiamonds.co.uk.
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