TORONTO, ONTARIO November 27, 2018 – 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 Dr. Christopher Jennings is a beneficiary of the sole shareholder that initially purchased a 1.3% GOR and a 1.3% NSR for $600,000 in May of 2017 (see news May 23, 2017).
Pangolin Diamonds Declares Option Grants
TORONTO, ONTARIO (November 9, 2018) – Pangolin Diamonds Corp. (TSX-V: PAN)(the “Company” or “Pangolin”) announces that its board of directors have approved the granting of 1,500,000 options under its Stock Option Plan, each share under option having a 5 year term and an exercise price of $0.05
Pangolin Commences Core Drilling on a 10 Hectare Kimberlite Pipe Shaped Target That Returned Positive Kimberlite Indicators at Depth, Botswana, Africa
TORONTO, ONTARIO (September 19, 2018) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to provide an update from the latest drill programme at the Company’s wholly-owned Malatswae Diamond Project (“Malatswae”), located 75 km southeast of the Orapa Kimberlite Field in Botswana.
Highlights include:
- A completed percussion drill programme returned positive kimberlite indicator minerals at depths between 74 and 98 metres.
- The magnetically positive pipe shaped anomaly is approximately 10 hectares in size.
- A 200+ metre core drilling programme has been initiated to confirm kimberlite as the source of the magnetic anomaly and kimberlite indicators.
- A diamond has been recovered at surface proximal to the drill target.
- Drill results will be announced once all the data has been received and interpreted.
Pangolin Drills into Kimberlite Dyke, Botswana Africa; Mini-Bulk Sample of 100 Tonnes Planned to Determine Diamond Content
TORONTO, ONTARIO July 31, 2018 – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to provide an update on the drilling programme at Pangolin’s 100% owned Malatswae Diamond Project, Botswana, Africa.
- Two diamonds recovered at surface in excess of 1mm in long axis size
- BH1 – Kimberlitic garnets with Class 1 surface textures recovered at a vertical depth between 21.6 and 26.9 m
- BH2 – Kimberltiic garnets with primary surface textures recovered at a vertical depth between 47.6 m and 52.8 m
- BH3 – Kimberlitric garnets with primary surface textures recovered at a vertical depth between 21.6 and 26.9 m
- The combination of the soil sample and drilling results are indicative of a diamondiferous kimberlite dyke system at MAL 001
- Once core drilling is completed, a mini-bulk sample of at least 100 tonnes will be undertaken to determine the diamond content for the kimberlite
Pangolin Finalises Joint Venture Agreement to Acquire Ownership in AK10, and signs an MoU to evaluate and develop the 6 Hectare Diamondiferous Kimberlite Pipe, Botswana Africa
TORONTO, ONTARIO (July 17, 2018) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to announce it has finalized the commercial terms of the Joint Venture Agreement with Makanwu Civil Blasting (PTY) Ltd. (MCB), a private company incorporated under the laws of the Republic of Botswana owned by citizen partners. PAN has previously announced (Please see our April 3rd 2018 release) signing an Option Agreement under which it has the option to enter into a Joint Venture with MCB after PAN has evaluated the geological merits of the AK10 kimberlite. Under the Joint Venture Agreement, MCB has granted PAN 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 Recovers Two Diamonds and 100 Positive Kimberlite Indicators from MAL 001 Target at Malatswae Project, Central District, Botswana
- Two diamonds recovered from 4 hectare soil sampling grid
- 100 Positive kimberlite indicators confirmed through microprobe analysis
- G10 and other garnets indicative of a diamondiferous mantle present
- A pristine forsteritic mantle derived olivine with 0.51 wt% NiO amongst the indicators analysed
- A groundmagnetic survey has been completed over the area where the diamonds and indicators were found
- MAL 001 to be drilled once Gravity and EM surveys completed to assist in identifying drill positions
TORONTO, ONTARIO (May 8, 2018) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to announce it has recovered two diamonds and 100 positive kimberlite indicators from a 4 hectare soil sampling grid at the MAL 001 drill target located in the Company’s wholly-owned Malatswae Project (“Malatswae”). This area is 85 km southeast of the AK6 Karowe diamond mine, operated by Lucara Diamonds Corp., in the Central District of Botswana. Continue reading
Pangolin Finds First Diamond at Jwaneng South Diamond Project, Botswana, and Completes Groundmagnetic Survey over AK 10 Kimberlite.
- The first diamond in the Jwaneng South Diamond Project has been recovered from a soil sample.
- Indications are that the diamond is close to source.
- The diamond was recovered from a third phase soil sample grid.
- A groundmagnetic survey has been completed in the area where the diamond has been found.
- A groundmagnetic anomaly is spatially associated with the diamond positive sample.
- A detailed groundmagnetic survey has been completed over the Orapa AK 10 diamondiferous kimberlite pipe.
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 Announces Proposed Shares for Debt Settlement and Option Grant
TORONTO, ONTARIO June 6, 2017 – Pangolin Diamonds Corp, (“Pangolin” or the “Company”) (TSX-V:PAN) announces that it proposes to settle outstanding debt in the aggregate of $75,000.00 (the “Debt”) owed to two officers and one arm’s length creditor of the Company. The Company intends to issue an aggregate of 1,500,000 common shares (the “Debt Shares”) at a deemed price of $0.05 per share to settle the Debt in full (the “Debt Settlement”). The Debt Settlement is subject to the approval of the TSX Venture Exchange (the “TSXV”). The Debt Shares, if issued, will be issued in reliance on certain prospectus exemptions available under applicable securities legislation and will be subject to a hold period of four months and one day in accordance with applicable securities legislation and TSXV requirements. 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.
Pangolin Diamonds 