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Tsodilo Resources Limited Provides BK16 Kimberlite Project Update
Toronto, Ontario (FSCwire) - Tsodilo Resources Limited ("Tsodilo" or the "Company") (TSX-Venture Exchange: (TSD)) is pleased to provide an update on its wholly
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 provide an update 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 in the OKF, nine have been or are currently being mined. These are AK1 (Orapa, Debswana), AK6 (Karowe, Lucara Diamond Corporation), BK1, BK9, BK12 and BK15 (Damtshaa, Debswana), DK1 and DK2 (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, Tsodilo press release dated May 31, 2016). Pilot Hole Drill Program The Pilot Hole Drill Program commenced in February 2017. The pilot hole pattern was designed to achieve an approximate 50 meter grid hole spacing for the Phase 1 Large Diameter Drilling (“LDD”) sampling. One pilot hole is drilled immediately next to every planned LDD hole. The primary objectives of the pilot holes are to improve on and upgrade the knowledge of the internal geology of the kimberlite and optimize the kimberlite intersected by the Large Diameter Drill (LDD) program. Geotechnical studies of the cores will allow for the selection of the appropriate LDD drill bits based on rock hardness and the pilot hole cores will also provide a reference once the diamond recovery results have been obtained from the LDD program. Fourteen (14) holes totaling approximately 3,100 meters are planned with eleven (11) being completed to date. The remaining 3 holes are expected to be completed by month’s end. The pilot hole drilling as well as the earlier delineation drilling was conducted utilizing the Company’s Atlas Copco CT14 diamond core drill rigs. All bits used were of a Wuxi-Tsodilo design and contained only synthetic industrial diamond. All pilot and delineation core holes were logged in the...