Botswana Diamonds (AIM: BOD) is pleased to announce its unaudited interim results for the six months ended 31 December 2020 ('Period') during which time the Company has made significant progress on its diamond development projects in both Botswana and South Africa.
A new Diamond bearing kimberlite discovered at Thorny River. A three-dimensional model of the newly discovered River Kimberlite pipe on the Thorny River property in South Africa was published in December following a successful reverse circulation drilling campaign. A sample of these drill chips produced eleven diamonds and abundant kimberlitic indicators including G10 and eclogitic garnets.
Following the Period end, the company entered into a cooperation agreement to fund exploration of its prospecting licence assets in Botswana with Diamexstrat Botswana Pty Ltd ('DESB'), which in turn has an alliance agreement with Burgundy Diamond Mines Limited ('Burgundy' ASX: BDM).
Progress has been made on the Maibwe joint venture with core being further sampled for fresh microdiamond work.
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