Size and location matter for Firestone in Botswana`s diamond hunt

source: Mineweb

Firestone Diamond plc says its Tsabong kimberlite field in Botswana has the potential to be one of the biggest diamond finds in 25 years.

Author: Rodrick Mukumbira
Posted: Wednesday , 05 Mar 2008

WINDHOEK – AIM-quoted diamond mining and exploration company Firestone Diamonds plc [AIM:FDI] still has more kimberlites to sample at its Tsabong project in Botswana. But incoming results from the on-going core drilling exercise have drummed up certainty that the company is on the verge of a huge diamond discovery.

The UK-based company is upbeat about Tsabong and feels it has the potential to be one of the biggest diamond finds in 25 years. It notes the exceptionally large size of many of the field’s kimberlites, numbering 83 in total, in particular the 180-hectare MK1 pipe – which it says is one of the largest known diamondiferous kimberlites.

The field also contains five kimberlites larger than 50 hectares and 32 kimberlites between 20 and 50 hectares in size.

Firestone is carrying out two [continue reading]



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