• One of seven diamonds from the MSC Grid is a Type II diamond 
• The Type II diamond is associated with three Type I ab diamonds in an area of 0.32^km2 
• The Type II diamond is also associated with ilmenites with reaction rims, a mantle xenolith fragment and fresh angular olivine, all indicative of a proximal source 
• Drilling for kimberlite within the MSC Grid will take place in second half of 2016 

TORONTO, ONTARIO (May 16, 2016) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to report that one of seven diamonds analysed from the MSC Grid in Botswana is a Type II nitrogen-free diamond. Approximately 2% of the world’s diamonds are classified as Type II diamonds.

Type II diamonds are often associated with the presence of large diamonds, for example the 813 carat and 1109 carat diamonds produced from the Karowe Mine by Lucara Diamonds are both Type II diamonds.  The Karowe Mine is approximately 105 kilometres northwest from the MSC Grid area. Continue reading →