REG - Botswana Diamonds - AI identified diamond acreage awarded

Botswana DiamondsAnnouncement

29/07/2025 07:00

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RNS Number : 8713S  Botswana Diamonds PLC  29 July 2025

 

29 July 2025

 

Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

 

AI identified diamond acreage awarded to Botswana Diamonds

 

The board of Botswana Diamonds is pleased to announce the award of four
Prospecting Licenses in Botswana following an extensive country-wide
Artificial Intelligence ("AI") driven exploration programme which generated
several highly prospective targets for diamonds and several critical minerals,
including Copper, Silver, Cobalt, Gold, Nickel, Zinc and PGMs.

 

These four licenses (PL298, PL303, PL304, PL305 all of 2025) relate to our
diamond targets and cover 2,644 square kilometres located in the following
areas:

 

-     North West of Mahalapye in the Serowe area;

-     South West of Jwaneng close to the South African border;

-     North East of Lerala in eastern Botswana; and

-     Close to KX36 in the Kalahari.

 

One particular license, located south-west of Debswana's Jwaneng Mine, is of
particular significance. The anomaly signatures are ideal, and the target
suggests more than one potential kimberlite.

 

The variables used in the AI models were, inter alia:

 

-     Mineral chemistry indicating diamond potential;

-     Presence of slightly abraded stones indicating proximity to source;

-     Proximity to major structures;

-     Strong geophysical anomalies;

-     Shallow Kalahari cover;

-     Group 2 kimberlites generally having low magnetic signatures; and

-     Ilmenite poor.

 

The use of AI is Botswana Diamonds' groundbreaking methodology for applying
the most advanced, state-of-the-art data processing technology in exploration,
applying AI against one of the most extensive exploration databases in
Botswana and we are one of the first companies to take this approach.

 

In addition to the diamond licences that have been granted, the AI models
generated non-diamond targets for eleven polymetallic license applications on
highly prospective Copper, Silver, Cobalt, Gold, Nickel, Zinc and PGM targets.
These license applications, some on ground with no previously-identified
copper-related signals, have already been provisionally accepted and we await
further positive news on the granting of these licenses in the near future.

 

Chairman, John Teeling, commented: "This is an exciting development for
Botswana Diamonds. The AI analysis conducted over the massive Botswana
Diamonds database identified a number of unknown or unreported anomalies
consistent with kimberlite characteristics. One in particular, in the Jwaneng
vicinity, ranked positively on every variable in the analyses. Today I am
delighted to report that we have obtained licences over four of the diamond
targets including the most prospective ground.

 

"At least as important, is what happened when we ran the model on other
minerals generating spectacular results. A number of copper anomalies, among
other minerals, were identified and we have applied for several licences where
we are hopeful of a successful outcome. In the light of the new kimberlite
prone ground, we are revising our work programme. The ground in the Jwaneng
area is a high priority".

 

 

This release has been approved by James Campbell, Managing Director of
Botswana Diamonds plc, a qualified geologist (Pr.Sci.Nat), a Fellow of the
Geological Society of South Africa, a Fellow of the Southern African Institute
of Mining and Metallurgy, a Fellow of the Institute of Materials, Metals and
Mining (UK) and with over 39-years' experience in the diamond sector.

 

A copy of this announcement is available on the Company's website, at

www.botswanadiamonds.co.uk (http://www.botswanadiamonds.co.uk)

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018, as amended.

About Botswana Diamonds

Botswana Diamonds (BOD) is a diamond explorer focused in the Kalahari Desert,
where it holds prime diamond exploration acreage as well as KX36 diamond
discovery. Ongoing work on the acreage has identified five drill-ready
targets. An AI-driven analyse of the extensive BOD database has identified
seven previously unreported Kimberlite anomalies as well as several
polymetallic anomalies.

 

Enquiries:

 Botswana Diamonds PLC

John Teeling, Chairman

                                   +353 1 833 2833
 James Campbell, Managing Director

                                   +27 83 457 3724
 Jim Finn, Director

                                   +353 1 833 2833

 Nominated & Financial Adviser       +44 (0) 20 7409 3494

 Strand Hanson Limited

 Ritchie Balmer

 Rory Murphy

 David Asquith

 Broker                              +44 (0) 207 374 2212

 First Equity Limited

Jason Robertson

 Public Relations                    +44 (0) 207 138 3204

 BlytheRay

Megan Ray
 Said Izagaren

 Teneo

 Luke Hogg                           +353 (0) 1 661 4055

 Mollie McLernon

 Molly Mooney

 

ENDS

 

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