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Tsodilo Resources Commences Large Diameter Drill Program at BK16 Kimberlite Project
Toronto, Ontario (FSCwire) - Tsodilo Resources Limited (“Tsodilo” or the “Company”) (TSX- Venture Exchange: (TSD)) is pleased to announce that the Large Diamete
About this update from Tsodilo Resources Limited
[{"type":"text","content":"Toronto, Ontario (FSCwire) - Tsodilo Resources Limited (“Tsodilo” or the “Company”) (TSX- Venture Exchange: (TSD)) is pleased to announce that the Large Diameter Drill (LDD) drilling program has commenced on its wholly owned BK16 kimberlite project. BK16 The BK16 kimberlite project is located within the Orapa Kimberlite Field (“OKF”) in Botswana. The diamond mines in Botswana have produced an average of 27 million carats annually in the last 10 years and Botswana is the world’s largest producer of diamonds by value. In 2016, the OKF area produced 8.85 million carats. Of the 83 known kimberlite bodies, eleven have been or are currently being mined. These are AK01, AK02 and AK07 (Orapa, Debswana), AK06 (Karowe, Lucara Diamond Corporation), BK01, BK09, BK12 and BK15 (Damtshaa, Debswana), DK01 and DK02 (Letlhakane, Debswana) and BK11 (Firestone Diamonds). The Karowe mine has produced such notable diamonds as the 1,109 carat `Lesedi La Rona` and the 813 carat `Constellation`. The diamondiferous BK16 kimberlite pipe is approximately 6 hectares in size at surface, and is known to contain rare and valuable Type IIa diamonds (see press release dated May 31, 2016). The following phases of kimberlite were identified during the 2015 drilling program: Red volcaniclastic kimberlite VK1, Black VK2, Grey VK3 and VKxxx also referred to as the basalt breccia, country rock breccia (CB) and coherent kimberlite (CK1). LDD Program The commencement of the Large Diameter Drilling (“LDD”) program on the BK16 kimberlite started on Wednesday, August 23rd. A total of 14 holes will be drilled to a cumulative depth of just over 3,000 meters and approximately 2,000 tonnes will be recovered by this process. This bulk sampling program will be achieved by drilling 24-inch diameter holes that vary in depth from 96 to 366 meters depending on the kimberlite intersections. The holes are spread across the 6 hectare pipe in order to achieve a first pass grade distribution across the kimberlite as outlined by Z Star Mineral Resource Consultants (Cape Town, South Africa). Pilot NQ size core holes have been drilled adjacent to each proposed LDD hole (see press release 26th June 2017) to ensure that the hole intersections with these large diameter holes and the kimberlite are maximized but also to correlate the diamond recoveries directly with the geological model once th...