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.
- 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
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.
- 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
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