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 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 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.

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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

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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 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.

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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 Files 43-101 and Provides Project Update

TORONTO, ONTARIO November 22 , 2016 – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to announce that it has filed a 43-101 technical report (“43-101”) on its Malatswae Diamond Project.

The 43-101 was prepared by iQuest under the supervision of Mr. Ian McGeorge MSc. C.Geol., qualified person. The full report may be viewed at www.sedar.com.

The following is a short summary of the work the Company is presently undertaking, or has undertaken, on its various projects. Continue reading

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