Pangolin Diamonds Discovers Second Kimberlite in Botswana

Pangolin Diamonds Corp. has discovered a second kimberlite at its wholly owned Tsabong North Project in Botswana. The Magi-02 kimberlite at Tsabong North, along with the previously announced Magi-01, are two of seven new kimberlites found in Botswana in the last five years.

Both kimberlites may contain micaceous sandy tuffs similar to those observed in the lamproite volcanic structure at Rio Tinto's wholly owned Argyle Diamond Mine in Australia, notes the firm.

Based on these assessments, two additional core drill holes intersecting at least 100 meters of kimberlite will be drilled on the Magi-01 and Magi-02 kimberlites for kimberlite indicator mineral and microdiamond recovery. The company says it will continue to drill other previously identified kimberlite targets in the immediate area of the Tsabong North project prior to returning to the already identified kimberlites.

In other company news, Pangolin has welcomed Manfred R. Marx as a consultant to its on-site exploration team. Marx is a prominent geologist who led the field team that discovered the Orapa Diamond Mine, the second largest open-pit diamond mine in the world.

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