Pangolin Finds Eighth Diamond at Malatswae Diamond Project

(IDEX Online News) – Pangolin Diamonds Corp. has recovered an eighth diamond from its wholly-owned Malatswae Diamond Project in Botswana. So far, seven of the eight diamonds recovered are white in color.

The latest find is a white octahedral fragment with dimensions of roughly 1mm x 1mm x 1mm. It is one of four diamonds (three white and one brown) that have been reported from within an area of 0.32 km2.

The area in which the diamonds were found also features un-weathered olivine, mantle xenolith and ilmenites with reaction rims. These minerals indicate that a kimberlite source may be in close proximity.

A detailed gravity survey totaling 10.1 line kilometers with 344 measuring stations was completed over the 032 km2 area, and all four diamonds are associated with anomalous gravity features. An unweathered kimberlitic olivine and a diamond have been recovered from samples directly over this gravity anomaly.

Due to seasonal operational closure in Botswana, drill-testing of the anomalies is scheduled to commence in the second half of January 2016.

The Malatswae Diamond Project is located 105 kilometers southeast of the Karowe diamond mine, which is operated by Lucara Diamonds.