Pangolin Diamonds Provides Exploration Update New Targets Identified

TORONTO, ONTARIO (January 28, 2020) – Pangolin Diamonds Corp. (TSX-V: PAN) (“the Company” or “Pangolin”) wishes to update shareholders on recent activities at its exploration projects in the Republic of Botswana.

New Targets Identified

 Ongoing fieldwork covering a broad extent of Pangolin’s licenses recently identified numerous potential targets outside the Malatswae Project Area. Among these is a potentially large chromite anomaly in addition to other geophysical targets. All newly identified targets are being assessed and developed toward “drill-ready” status in parallel with targets falling within the Malatswae Project Area. Continue reading

Pangolin Signs Additional Royalty Agreement with Dr. Chris Jennings’ Holding Company

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).

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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

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 Begins Drilling Kimberlite Targets at Motloutse Diamond Project, Botswana

  • The drilling of five kimberlite targets to commence July 27, 2016
  • The area covers where the first diamonds in Botswana were recovered in 1959; their sources have never been discovered
  • Kimberlite targets include AGA-01 and MG-08 as previously announced 
  • Malatswae Diamond Project will be drilled in the second half of 2016 with funds currently in the Company’s treasury

TORONTO, ONTARIO (July 26, 2016) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to provide an update for the Company’s wholly-owned Motloutse Diamond Project (“Motloutse”), located 150 km east of the Orapa Diamond Mine in Botswana. A percussion drill programme will commence on July 27th and is anticipated to be completed within the next two weeks. Results from the drill programme will be announced once all material submitted to laboratories in Canada have been analyzed. Continue reading

Pangolin Identifies Kimberlite Drill Target MG-08 at Motloutse Diamond Project, Botswana

  • The MG-08 is an oval shaped target measuring approximately 4 hectares in size and the second kimberlite target confirmed within the project area
  • It is a near surface and groundmagnetic anomaly 
  • Anomalous concentration of positive kimberlite indicator minerals recovered at surface
  • The indicator minerals are characterized by surface textures indicative of their source to be close
  • Several other targets are being developed over the next few weeks
  • The Motloutse drill program is anticipated to be completed before the end of July 2016
  • Drilling at the Malatswae Diamond Project is still on schedule for the second half of 2016

TORONTO, ONTARIO (June 13, 2016) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to provide an update for the Company’s wholly-owned Motloutse Diamond Project (“Motloutse”), located 150 km east of the Orapa Diamond Mine in Botswana. Several aeromagnetic anomalies have been selected for follow-up with soil sampling, ground magnetic and gravity surveys to identify kimberlite drill targets.  This process identified MG-08 as the second kimberlite target in addition to AGA-01 previously announced (see May 31, 2016 release). Other targets are still being developed as the data is being processed and interpreted. Continue reading

Pangolin Reports Type II diamond from MSC Grid, Malatswae Diamond Project, Botswana

  • 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 0.32km2 
  • 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

Pangolin Recovers Two Additional Diamonds and 210 Kimberlite Indicators Within the MTS Grid, Malatswae Diamond Project, Botswana

  • Two additional diamonds recovered within the 1.5 square kilometre MTS Grid
  • The diamonds are from samples collected less than 110 metres apart
  • A total of three diamonds from the grid supports the presence of at least two diamond-bearing occurrences
  • Thirteen diamonds reported from the Malatswae Diamond Project to date
  • A total of 390 kimberlite indicators recovered to date
  • Three zones of anomalous indicators identified within the MTS Grid
  • Drilling for kimberlite within the MTS Grid will take place in second half of 2016

TORONTO, ONTARIO (May 3, 2016) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to provide an update on its exploration programme at the MTS Grid in Botswana. The MTS Grid is a defined area of 1.5 km2 within the Company’s wholly-owned Malatswae Diamond Project, located 105 km southeast of the Karowe Diamond Mine operated by Lucara Diamond Corporation. Thirteen diamonds have now been reported from Malatswae, with the last three derived from the MTS Grid.   Continue reading

Pangolin Closes $693,453 Private Placement of Units for Diamond Projects in Botswana

TORONTO, ONTARIO (April 19, 2015) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to announce the closing of a non-brokered private placement financing for aggregate gross proceeds of $693,453 (the “Offering”). Proceeds of the Offering will be used to continue the exploration program, inclusive of drilling, at the Company’s priority Malatswae diamond project during 2016.  In addition, the proceeds of the Offering will provide working capital to the Company in order to further its exploration commitments at its other 100% owned diamond projects in Botswana.

The Offering consisted of 13,869,060 units of the Company (“Unit”) at a price of $0.05 per Unit.  Each Unit consists of one common share in the capital of the Company (“Common Share”) and one Common Share purchase warrant (“Warrant”).  Each Warrant entitles the holder thereof to acquire one Common Share at a price of $0.05 for a period of sixty (60) months from the date hereof.  Insiders of Pangolin participated in the amount of $101,600 representing 14.7% of the total Offering. Continue reading

Pangolin Recovers 177 Kimberlite Indicators and Defines Three Exploration Focus Areas within the MTS Grid, Malatswae Diamond Project, Botswana

  • A total of 177 kimberlite indicators recovered from 99 soil samples collected within a 0.8 km2 area of the larger grid
  • The majority of indicators have surface textures suggesting a proximal source 
  • Two picroilmenites have fragile surface features suggesting a very close source
  • Most of the garnets have compositions similar to garnets from diamonds
  • A diamond from the grid supports the presence of diamondiferous kimberlites in the area
  • Drilling for kimberlite within the MTS Grid will be undertaken in 2016

TORONTO, ONTARIO March 29, 2016 – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to report that an integrated study of mineral chemistry and surface textures of kimberlite indicators recovered from soil samples at the MTS Grid has been completed. The MTS Grid is within the Company’s wholly-owned Malatswae Diamond Project (“Malatswae”), located 105 km southeast of the Karowe Diamond Mine of Lucara Diamonds in Botswana. Continue reading