Welcome!

News Feed Item

Pangolin Recovers Mantle Indicator Minerals from Magi Kimberlite Drill Core, Botswana

- Mantle-derived grains recovered from sandy tuffs at 44 to 58 meters depth at Magi 001

TORONTO, ONTARIO -- (Marketwired) -- 02/25/14 -- Pangolin Diamonds Corp. (the "Company" or "Pangolin") (TSX VENTURE: PAN) announces it has recovered mantle-derived indicator minerals from the Magi kimberlite from drill hole Magi-001, at its 100%-owned Tsabong North Project in Botswana. Pyrope garnet, forsterite and chromite with mantle chemistries were recovered from kimberlitic sandy tuffs at 44 to 58 meters inclusive, as well as from the overlying sandstones from 15 to 37 meters depth. The pyrope garnets are similar to the 45 mantle derived garnets previously reported from glauconitic sandstone overlying the Magi kimberlite, having high-pressure G9 compositions associated with diamond-stable conditions in the mantle (see news release, March 26, 2013).

Fourteen samples were collected from vertical drill hole Magi-001, which intersected sandstone from 15.06 to 33.04 meters (m), mudstone from 33.04 to 41.28 m, and kimberlitic sandy tuffs from 41.28 m to the end of the hole at 76.26 m. Intervals of sandy tuff from drill hole Magi-002 (103.67 to 114.29 m) and from drill hole Magi-003 (61.45 to 75.35 m) were also sampled. The drill core was split and the splits were shipped to CF Mineral Laboratories Inc. (Kelowna, B.C.) and to the MSA Group (Johannesburg, S.A.) for heavy mineral separation and analysis. Independent assessment by CF Minerals reported a number of high-pressure G9 pyrope garnets associated with the diamond stability field (the area of the Earth's mantle with the heat and pressure required to produce diamonds). Other garnets in the sample are classified as G3, G5 and G11 mantle-derived pyrope according to the CF Minerals classification scheme. In-house assessment of chromite compositions indicates that they are consistent with derivation from garnet lherzolite. Collectively, the results confirm that the Magi body is kimberlitic in nature and has sampled the mantle lithosphere at depths conducive to diamond formation. Chromite grains were identified in the MSA Group samples and additional analyses are pending. Thirteen additional core samples from the Magi-005 were also selected for microdiamond analysis.

The Company wishes to announce that Manfred Marx has retired. His contribution to the industry cannot be adequately described. The Company sincerely wishes him an enjoyable retirement and thanks him for his contribution to the Pangolin program.

Dr. Leon Daniels was quoted as saying "we are pleased with results and progress at the Magi kimberlite" and "we wish Manfred all the best in his retirement and thank him for his valuable contribution to the Company."

The technical disclosure in this news release has been reviewed and approved by Dr. Leon Daniels, Ph.D., Member of AIG, Chairman of the Board of Pangolin Diamonds, a qualified person as defined by National Instrument 43-101.

About the Tsabong North Project

The Tsabong North Project, located approximately 100 km north of the town of Tsabong in south-western Botswana, is 1,545 km2 in size. It encloses anomalous concentrations of kimberlite indicators and has large geo-botanical features. The Company's first discovery at Tsabong North is the Magi kimberlite, which has been confirmed over a distance of 1,200 metres in an east-west direction and 400 metres to the north. To date, six diamond drill holes are completed on the Magi kimberlite. All holes intersected sandy kimberlitic tuff attributed at this time to crater sediments, and host to mantle-derived indicator minerals recovered in the Company's exploration sampling programs. Mantle-derived minerals including high-pressure diamond indicator G9 garnets and chromite derived from garnet lherzolite were recovered from the drill core of Magi-001. The garnets are similar in chemical composition to the garnets from the Letlhakane Mine in the Orapa area. Pangolin has identified more than 50 drill-ready aeromagnetic targets in the Project area, several of which have surface areas exceeding 20 Hectares (0.2 km2). Associated with a number of these anomalies are indicator minerals, some with remnants of kelyphite that indicate close proximity to kimberlite.

The Company cautions that information regarding the Orapa kimberlites, and Letlhakane Mine or Orapa Mine or Jwaneng kimberlites, are not necessarily indicative of the kimberlite or kimberlite targets being drilled by the Company. The Company further cautions that there is no guarantee that the kimberlite and/or kimberlite targets being drilled by the Company will return diamond results of any economic significance.

About Pangolin Diamonds Corp

Pangolin Diamonds Corp. is building a leading diamond exploration and development company in the heart of Botswana, the world's leading diamond producing country by value. The Company is the 100% owner of four separate projects throughout Botswana inclusive of the Tsabong North, Jwaneng South, Malatswae and Mmadinare Projects. Pangolin's management and team leaders has over +100 years of combined diamond exploration experience in southern Africa. This places the Company as the most experienced diamond explorer in Botswana excepting De Beers Exploration and Debswana. The Company is equipped for exploration, with two diamond drill rigs and a fully portable one-tonne per hour Dense Media Separation Plant used to prepare samples and make diamond concentrates. Pangolin is funded to continue its exploration programs into mid-2014.

For more information, please refer to www.pangolindiamondscorp.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Ovum, a leading technology analyst firm, has published an in-depth report, Ovum Decision Matrix: Selecting a DevOps Release Management Solution, 2016–17. The report focuses on the automation aspects of DevOps, Release Management and compares solutions from the leading vendors.
Continuous testing helps bridge the gap between developing quickly and maintaining high quality products. But to implement continuous testing, CTOs must take a strategic approach to building a testing infrastructure and toolset that empowers their team to move fast. Download our guide to laying the groundwork for a scalable continuous testing strategy.
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
StackIQ has announced the release of Stacki 3.2. Stacki is an easy-to-use Linux server provisioning tool. Stacki 3.2 delivers new capabilities that simplify the automation and integration of site-specific requirements. StackIQ is the commercial entity behind this open source bare metal provisioning tool. Since the release of Stacki in June of 2015, the Stacki core team has been focused on making the Community Edition meet the needs of members of the community, adding features and value, while ...
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
ReadyTalk has expanded the capabilities of the FoxDen collaboration platform announced late last year to include FoxDen Connect, an in-room video collaboration experience that launches with a single touch. With FoxDen Connect, users can now not only engage in HD video conferencing between iOS and Android mobile devices or Chrome browsers, but also set up in-person meeting rooms for video interactions. A host’s mobile device automatically recognizes the presence of a meeting room via beacon tech...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
Deploying applications in hybrid cloud environments is hard work. Your team spends most of the time maintaining your infrastructure, configuring dev/test and production environments, and deploying applications across environments – which can be both time consuming and error prone. But what if you could automate provisioning and deployment to deliver error free environments faster? What could you do with your free time?
Ixia (Nasdaq: XXIA) has announced that NoviFlow Inc.has deployed IxNetwork® to validate the company’s designs and accelerate the delivery of its proven, reliable products. Based in Montréal, NoviFlow Inc. supports network carriers, hyperscale data center operators, and enterprises seeking greater network control and flexibility, network scalability, and the capacity to handle extremely large numbers of flows, while maintaining maximum network performance. To meet these requirements, NoviFlow in...
Choosing the right cloud for your workloads is a balancing act that can cost your organization time, money and aggravation - unless you get it right the first time. Economics, speed, performance, accessibility, administrative needs and security all play a vital role in dictating your approach to the cloud. Without knowing the right questions to ask, you could wind up paying for capacity you'll never need or underestimating the resources required to run your applications.
It’s 2016: buildings are smart, connected and the IoT is fundamentally altering how control and operating systems work and speak to each other. Platforms across the enterprise are networked via inexpensive sensors to collect massive amounts of data for analytics, information management, and insights that can be used to continuously improve operations. In his session at @ThingsExpo, Brian Chemel, Co-Founder and CTO of Digital Lumens, will explore: The benefits sensor-networked systems bring to ...