REG - Botswana Diamonds - Marsfontein Update

Botswana DiamondsAnnouncement

02/03/2023 10:15

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RNS Number : 6809R  Botswana Diamonds PLC  02 March 2023

 

2(nd) March 2023

 

Botswana Diamonds PLC

("Botswana Diamonds" or the "Company")

 

Marsfontein Update

 

Botswana Diamonds plc ('BOD') the London AIM and Botswana Stock Exchange
listed diamond exploration and development company is pleased to provide an
update on its Marsfontein project in South Africa. As previously announced,
the Vutomi owned alluvial and dump mine at Marsfontein was expected to produce
diamonds in February. Site establishment commenced during the course of the
last week of January 2023 and since that time, approximately 1,500 tons of
eluvial gravels from the main Marsfontein pipe have been excavated and are
awaiting processing. The processing plant has been established and
commissioning with gravels has just commenced. First recoveries of diamonds
are therefore now expected this month and a further announcement will be made
in due course.

 

 

A copy of this announcement is available on the Company's website,
www.botswanadiamonds.co.uk (http://www.botswanadiamonds.co.uk)

 

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
 Beaumont Cornish - Nominated Adviser     +44 (0) 020 7628 3396

Michael Cornish

 Roland Cornish
 Beaumont Cornish Limited - Broker        +44 (0) 207 628 3396

Roland Cornish

 Felicity Geidt
 First Equity Limited -  Joint Broker     +44 (0) 207 374 2212

Jason Robertson

 BlytheRay - PR                           +44 (0) 207 138 3206

Megan Ray

Rachael Brooks                          +44 (0) 207 138 3553

 Said Izagaren                            +44 (0) 207 138 3206

                                          +44 (0) 207 138 3206

 Teneo

 Luke Hogg                                +353 (0) 1 661 4055

 Alan Tyrrell                             +353 (0) 1 661 4055

 

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

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