Pangolin Diamonds Outlines Phase I Drilling Program to Commence mid-October 2019; Recovers 19thDiamond from Soils at MSC

TORONTO, ONTARIO (October 3, 2019) – Pangolin Diamonds Corp. (TSX-V: PAN) (“the Company” or “Pangolin”)wishes toupdate shareholders on recent activities at its Advanced Stage MSC Exploration Project in the Republic of Botswana, as well as to announce the granting of stock options to certain directors, consultants and key employees of the Company.

Highlights Include

  • Phase I drilling to commence mid-October
  • At least five targets to be drill-tested
  • 19thdiamond recovered from soil samples at its MSC Exploration Project

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Pangolin Diamonds Raises $848,860 – Plans Phase 1 Drilling Program at MSC to Test Recently Identified High Priority Targets; Extends Option on the Diamondiferous AK10 Kimberlite Pipe

TORONTO, ONTARIO (September 9, 2019) – Pangolin Diamonds Corp. (TSX-V: PAN) (“the Company” or “Pangolin”)announces the closing of a non-brokered private placement financing (“the Offering”) for aggregated gross proceeds of $848,860. The Company also wishes toupdate shareholders on recent activities at its projects in the Republic of Botswana.

Highlights Include

  • Closing of oversubscribed non-brokered private placement for gross proceeds of $848,860
  • Extends option on the diamondiferous AK10 kimberlite pipe
  • Plans Phase 1 drilling program at MSC to test recently identified high priority targets

 

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Pangolin Diamonds Finds Two Additional Diamonds in Soil Samples at MSC; Acquires Two New Prospecting Licences; Renews Six of Its Existing Prospecting Licences

TORONTO, ONTARIO (August 28, 2019) Pangolin Diamonds Corp. (TSX-V: PAN) (“the Company” or “Pangolin”) is pleased to update shareholders on recent activities at its wholly owned projects in the Republic of Botswana.

Highlights Include
  • Detailed soil sampling program in the MSC Project recovers 17thand 18thdiamond
  • Renewal of six Prospecting Licences and addition of two new Prospecting Licences
  • High-density ground magnetic survey identifies additional pipe-like anomalies

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Pangolin Identifies High Priority Drill Targets at MSC – Its Advanced Stage Exploration Project

TORONTO, ONTARIO (August 20, 2019) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to update its shareholders on its recent activity at its wholly owned advanced stage MSC Project in the Republic of Botswana.

Highlights Include:
  • MSC Project ground-magnetic anomalies coincide with diamonds recovered from soil samples
  • Detailed soil sampling programme in MSC Project recovers 16th diamond
  • Diamonds are located within four different zones within an area of 10 square kilometers
  • Diamond distribution indicate multiple kimberlite sources within the MSC Project area
  • A drilling programme is expected to commence in the fourth quarter of 2019

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Orapa AK10 Kimberlite Mineral Chemistry Assessment Indicates +50 Carat Diamond Potential

TORONTO, ONTARIO November 28, 2018 – Pangolin Diamonds Corp, (“Pangolin” or the “Company”) (TSX-V: PAN) is pleased to announce the results of an AK10 kimberlite indicator mineral chemistry classification by CF Mineral Research Ltd., Kelowna, Canada. Pangolin has been granted the sole and exclusive option to earn up to a 75% interest in the Orapa AK10 Kimberlite (see news July 17,2018). Continue reading

Pangolin Signs Agreement to Acquire Ownership in AK10, a 6 Hectare Diamondiferous Kimberlite Pipe, Botswana Africa

TORONTO, ONTARIO (April 3, 2018) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to announce it has signed an option agreement (the “Agreement”) with Makanwu Civil Blasting (PTY) Ltd. (“MCB”), a private company incorporated under the laws of the Republic of Botswana. Under the Agreement, MCB has granted Pangolin the sole and exclusive option to earn up to a 75% interest in respect of MCB’s precious stone AK10 Diamond Project located in the Central District of Botswana, Africa. Continue reading

Pangolin announces Chairman resignation

TORONTO, ONTARIO (March 29, 2018) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) announces the resignation of Mr. Gareth Penny as Chairman of the Company, effective March 31, 2018, due to other time commitments. Mr. Penny will remain as an advisor to the Board.

The Board of Directors thanks Mr. Penny for his contribution as Chairman and looks forward to his further contributions in the future. Continue reading

Pangolin to Drill Multiple Kimberlite Pipe Targets at Malatswae and Moenyenana Diamond Projects, Botswana

  • Drilling results expected before the end of Q2.
  • At least 5 kimberlite pipe targets to be drilled and more being developed.
  • All but one target has positive kimberlitic indicators recovered at surface including two with diamonds.
  • 25 diamonds have been recovered from soil samples at Malatswae (sizes >0.5mm and <4mm).
  • Biggest diamond measures 4mm x 3mm x 2mm and has good colour.
  • The drill programme is fully funded.

TORONTO, ONTARIO (January 31, 2018) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to announce a drill program at the Company’s wholly-owned Malatswae and Moenyenana Diamond Projects. Drill results are expected to be announced by the end of the second quarter once analyzed and confirmed by a qualified laboratory. The drill programme is fully funded. Continue reading

Pangolin Provides Malatswae Exploration Update

TORONTO, ONTARIO September 20, 2017 – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to provide an exploration update for the 007 area of its 100% owned Malatswae Diamond Project in Botswana, Africa. The 007 project is one of six zones of interest within the Malatswae project where previous soil sampling recovered a diamond (see news release, March 16, 2017). Continue reading

PANGOLIN REPORTS SIGNING OF ROYALTY AGREEMENT

TORONTO, ONTARIO May 23rd, 2017 – Pangolin Diamonds Corp,  (“Pangolin” or the “Company”) (TSX-V:PAN) is pleased to announce that it has reached an agreement with Umgeni Holdings International Limited (“Umgeni”) under which Umgeni has agreed to acquire a royalty interest in Pangolin’s Precious Stones Prospecting Licences located within the Central District of Botswana, as well as an area defined as the Adjacent Area of Interest for $600,000.  Umgeni is a private company of which Christopher Jennings is a beneficiary of the sole shareholder.

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Pangolin Provides Malatswae Diamond Project Update

TORONTO, ONTARIO March 16, 2017 – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to provide an update on the project advancement at Pangolin’s 100% owned Malatswae Diamond Project, Botswana, Africa.

The focus at the Malatswae Diamond Project has been on six separate kimberlite sources and geographic zones producing indicator minerals within a 30km x 20km area of the project. A total of sixteen +0.5mm diamonds have now been discovered in soil samples within these six zones. Three new diamonds not previously reported have been recently discovered, with one measuring +2mm in all directions, clear and white in colour. This extends the presence of diamonds as reported from soil samples by Pangolin Diamonds to six geographically different zones within the Malatswae Diamond Project.

The six zones are: # 1 (MSC area – 9 diamonds), # 2 (Block 333 area – 1 diamond), # 3 (Mal 157 area – 1 diamond), # 4 (007 area – 1 diamond), # 5 (MTS area – 3 diamonds) and # 6 (02T area – 1 diamond). Please refer to the map below.

Zone 1 – The MSC is an area covering 9 square kilometres, which has produced 9 diamonds from soil samples.  The current focus is within a 2 square kilometre grid where 4 of the 9 diamonds and several other kimberlite indicators minerals have been discovered.  The geological model of the area has been refined and the current programme consists of covering the grid with high density ground magnetics.

Zone 2 – Block 333 is an area covering 15 square kilometers, where a semi-detailed sampling programme has been completed.  A total of 275 samples have been collected on a 250m x 250m grid covering the entire area. The samples are being treated and sorted at present.  A new diamond has been discovered in one of the samples.  In addition to the diamond, ilmenite, garnet and olivine have been reported from soil samples. The aeromagnetic data is being assessed prior to detailed, high density groundmagnetic surveys being undertaken over selected target areas.

Zone 3 – The Mal 157 is an area covering 6 square kilometers, characterised by a single large diamond.  A soil sample grid has been established to extend the soil sampling density of the area.  A review of the aeromagnetic data in the area has revealed the presence of a large regional fault, believed to possibly hosting the source of the MAL 157 diamond.  In addition to the expanded soil sampling programme, a defined grid is being subjected to a high density groundmagnetic survey.

Zone 4 – The 007 is an area covering 4 square kilometers, where a historical sample containing an anomalous concentration of kimberlite indicators (ilmenite, garnet and clinopyroxene) is being followed up with soil sampling and ground magnetics.  The initial results from the soil sample grid has produced one new diamond. The diamond is white and is over 2 millimeters in all axis directions.  This is the largest diamond recovered by Pangolin to date.  A programme of additional soil sampling and an expansion of the current detailed groundmagnetic survey is being implemented.

Zone 5 – The MTS is an area covering 0.18 square kilometres.  This grid is being covered by a detailed directional soil sampling programme with a soil sample density of 20m x 20m.  The sampling programme is in progress.  An assessment of the surface areas of indicators recovered from this focal area suggest a local source.  Three diamonds have been reported from the MTS grid.

Zone 6 – 02T is an area covering 2 square kilometers, represented by an aeromagnetic anomaly which was selected for investigation from the available aeromagnetic data over the Malatswae Project area, after processing the data with the use of a ternary derivative.  The aeromagnetic anomaly was initially followed up on the ground with orientation samples, three of which returned positive results including one new diamond.  The position of the anomaly was confirmed with an orientation groundmagnetic survey, which was followed up with a high density groundmagnetic survey and a more detailed soil sampling programme.  One of the samples situated on the aeromagnetic anomaly has produced a diamond.  The processing of the remainder of the samples is in progress.

Botswana has experienced a most unusual heavy rain season. The wet conditions have adversely affected the soil sampling programme progress in terms of access to certain areas. The heavy rain has not affected processing of soil samples through the DMS plant and the detailed ground magnetics.

The Company’s treasury is fully funded to complete the above described exploration programmes.

The Company also announces that its board of directors have approved the granting of 150,000 options under its Stock Option Plan to an employee, each share under option having a 5 year term and an exercise price of $0.10.

Quality Control and Quality Assurances

Quality assurance procedures, security, transport, storage, and processing protocols conform to chain of custody requirements.

The technical disclosure in this news release has been reviewed and approved by Dr. Leon Daniels, BSc., BSc. Honours Geology, PhD and a Qualified Person as defined by National Instrument 43-101.

ABOUT PANGOLIN DIAMONDS CORP. AND OUR SOCIAL CONNECTIONS

For more information on Pangolin Diamonds Corp., please visit our website.

Follow us on Twitter: @pangolindiamond

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PANGOLIN DIAMONDS CORP. – CONTACT INFORMATION

Scott Young, Investor Relations

Phone: +1.705.888.2756

Email: syoung@pangolindiamonds.com

Graham C. Warren, Chief Financial Officer

Phone: +1.416.594.0473

Fax: +1.416.594.1630

Email: gwarren@pangolindiamonds.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Pangolin Reports On Drilling at Motloutse Diamond Project, Botswana

  • This area covers where the first diamonds in Botswana were discovered
  • Several targets were drilled and no kimberlite was intersected
  • The anomalous kimberlite indicators associated with the drill targets are unexplained and being followed up with additional sampling.
  • A soil sampling and geophysical survey programme is in progress to identify additional target areas.

TORONTO, ONTARIO (September 16 , 2016) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is providing an update from the latest drill programme at the Company’s wholly-owned Motloutse Diamond Project (“Motloutse”), located 150 km east of the Orapa Diamond Mine in Botswana. Continue reading