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