Thorny River diamond dyke project, South Africa – update

22nd July 2022 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

Thorny River diamond dyke project, South Africa – update

Photo by: Botswana Diamonds

Name of the Project
Thorny River diamond dyke project.

Location
The project is a consolidation of the Frischgewaagt, Hartbeesfontein and Doornrivier properties, in Limpopo, South Africa.

Project Owner/s
Diamond exploration and project development company Botswana Diamonds (BOD).

Project Description
Thorny River comprises the eastern extension of the kimberlite dyke and/or pipe systems on which the Klipspringer and Marsfontein mines are located, both of which have been economically mined.

The project has a modelled in situ grade range of 46 carats per hundred tonnes (cpht) to 74 cpht, and a diamond value range from $120/ct to $220/ct.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
Not stated.

Planned Start/End Date
Not stated.

Latest Developments
BOD has launched a drill programme at its Thorny River project.

The programme comprises at least ten reverse circulation drill holes and will investigate recently discovered high-grade geophysical anomalies and discover additional blows on the property.

The drilling is earmarked to take two weeks and marks an important step in BOD’s drive to establish a commercial operation.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
BOD, tel +353 1 833 2833/+353 1 833 2833, fax +353 1 833 3505 or email info@botswanadiamonds.co.uk.