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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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 Receives Additional Prospecting Licences at the Malatswae Diamond Project, Botswana

Highlights
  • Malatswae Project increases in size from 1,058 km2 to 2,480 km2
  • Prospecting licences granted for an initial three years

TORONTO, ONTARIO (April 7, 2015) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to announce the grant by the Government of Botswana of three additional Prospecting Licences (or “PL”) for precious stones (diamonds) at the Company’s wholly-owned Malatswae Diamond Project located 90 kilometres southeast of the Orapa Diamond Mine. The licences are as follows: Continue reading