Thorny River diamond dyke project, South Africa – update

10th September 2021 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

Thorny River diamond dyke project, South Africa – update

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.

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 of $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
Botswana Diamonds has started drilling at its Thorny River project.
 
Eight reverse-circulation drill holes are planned to be drilled in between the recently discovered River and River Extension blows.

The drilling programme is expected to take no more than two weeks.
 
The River blow was discovered by the company in November 2020 and covered a modelled surface area of 80 m × 40 m. 

The River Extension blow, less than 100 m east of the River blow, was discovered by the company in April. 

Select drill samples from both drilling campaigns were treated at an independent laboratory where abundant kimberlitic indicators were recovered, along with eleven diamonds.
 
The objective of the exploration programme in the Thorny River project area is to discover additional blows and the objective of this specific drilling programme is to determine the extent of the connection between the two recently discovered blows.

Key Contracts, Suppliers and Consultants
None stated.

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