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
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
- 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
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
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.
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.
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PANGOLIN DIAMONDS CORP. – CONTACT INFORMATION
Scott Young, Investor Relations
Graham C. Warren, Chief Financial Officer
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- 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
- The drilling of five kimberlite targets to commence July 27, 2016
- The area covers where the first diamonds in Botswana were recovered in 1959; their sources have never been discovered
- Kimberlite targets include AGA-01 and MG-08 as previously announced
- Malatswae Diamond Project will be drilled in the second half of 2016 with funds currently in the Company’s treasury
TORONTO, ONTARIO (July 26, 2016) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to provide an update for the Company’s wholly-owned Motloutse Diamond Project (“Motloutse”), located 150 km east of the Orapa Diamond Mine in Botswana. A percussion drill programme will commence on July 27th and is anticipated to be completed within the next two weeks. Results from the drill programme will be announced once all material submitted to laboratories in Canada have been analyzed. Continue reading
- The Motloutse Diamond Project covers the area where the first diamonds in Botswana were recovered in 1959
- The AGA-01 drill target is an aeromagnetic and gravity anomaly associated with positive sub-angular kimberlite indicator minerals recovered at surface
- Additional kimberlite targets are also being developed for the drill program
- It is anticipated the drill program will be completed before the end of July 2016
TORONTO, ONTARIO (May 31, 2016) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to provide an update for the Company’s wholly-owned Motloutse Diamond Project (“Motloutse”), located 150 km east of the Orapa Diamond Mine in Botswana. Several aeromagnetic anomalies have been selected for follow-up with soil sampling, ground magnetic and gravity surveys to identify kimberlite drill targets. This program is nearing completion. Continue reading
- A total of ten diamonds have been recovered from soil samples
- Nine of the ten diamonds are white in colour
- Three detailed grids are the current area of focus
- Five of thirty anomalies drill tested as potential kimberlite diamond sources
- Six more licenses added to the project area
TORONTO, ONTARIO (March 7, 2016) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to announce it has recovered two more diamonds from the Company’s wholly-owned Malatswae Diamond Project (“Malatswae”) for a total of ten to date. Nine of the diamonds are white in colour. The project area is located 105 km southeast of the Karowe diamond mine operated by Lucara Diamonds in Botswana. Continue reading
- Ground Penetrating Radar (GPR) surveys over additional kimberlite targets completed
- Survey results over several targets indicative of the presence of intrusions
- Close spatial association between GPR indicated intrusive and anomalous soil sample
- Gravity surveys to be conducted over several kimberlite targets
TORONTO, ONTARIO (September 23, 2015) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to announce it has received positive ground penetrating radar (GPR) survey results for the Company’s wholly-owned Malatswae Diamond Project (“Malatswae”), located 90 km southeast of the Orapa kimberlite field in Botswana. Continue reading
- 1 TPH DMS plant is now processing soil samples from six project areas
- A total of 362 soil samples to be processed
- Detailed grid sampling of priority kimberlite targets at Malatswae Project
- An additional Prospecting licence awarded contiguous with Jwaneng South Project
TORONTO, ONTARIO (July ,29 2015) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to provide an update for the Company’s wholly-owned Diamond Projects, located in Botswana. Continue reading
- Observed corrosion is likely related to wind-blown sand
- Fragile iron oxide coating is intact over most of the diamond
- Features are consistent with minimal transport from a proximal source such as kimberlite
TORONTO, ONTARIO (June 2, 2015) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to provide an update for the fourth diamond recovered from a soil sample at the Company’s wholly-owned Malatswae Diamond Project, located 90 kilometres southeast of the Orapa Mine in Botswana. Continue reading