News Feed Item

Pangolin Diamonds Corp.: Drilling Update from the SWS21 Target Mmadinare Diamond Project, Botswana

- The SWS21 intrusion is a flat-lying sill up to 53 metres true thickness

TORONTO, ONTARIO -- (Marketwired) -- 08/20/14 -- Pangolin Diamonds Corp. (TSX VENTURE: PAN) (the "Company" or "Pangolin") announces that it has completed two inclined drill holes into the SWS21 intrusive target on its wholly owned Mmadinare Diamond Project in east-central Botswana. In total 400.5 metres were drilled.

Drill hole SWS21-001 intersected an intensely altered zone from 45.0 metres to 71.6 metres characterized by phlogopite (a hydrous magnesium-rich alumino-silicate), carbonate and clay minerals (hydrous alumino-silicates). This zone was previously sampled from surface pits and diamond stability-field lower-mantle minerals were recovered (refer to the Pangolin news release September 18, 2013).

Drill hole SWS21-002, collared 130 metres to the southeast of drill hole SWS21-001, intersected the same zone of intensely altered rock from 33.7 metres to 61.1 metres characterized by fine-grained olivine (a magnesium-iron silicate) and phlogophite bearing ultramafic rock observed in the less altered sections and phlogophite, carbonate and clay elsewhere in the interval.

The SWS21 intrusive target has a near flat-lying attitude and therefore the thickness from surface, where pits previously exposed the intrusive, to the lower contact represents a true thickness of 53 metres.

The drill core is now sampled and approximately 112 kilogram of samples are on route to Canada for diamond recovery work.

Soil sampling program at Mmadinare

In addition, the mineral chemistry of a number of indicator minerals recovered from the Blocks 01 and 02 soil sampling programs were also received by Pangolin. The soil samples were processed by Pangolin through its Dense Media Separation ("DMS") plant, and the indicator concentrates were then observed by an independent mineral specialist in Botswana. The selected grains were then delivered to the independent C. F. Mineral Research Laboratory (CFM) in Canada for further analysis. CFM uses a Scanning Electron Microscope coupled with an energy-dispersive system (EDS) to identify minerals prior to electron micro-probe analysis. All gains were scanned using the EDS.

Based on the EDS results and in consultation with MCC Geoscience Inc., a subset of 67 grains representing manganese-ilmenites (manganese iron titanium oxides), picroilmenites (chromium magnesium ilmenites), crustal ilmenites (for comparative purposes) and one chromite (iron magnesium chromium oxide) were micro-probed. It should be noted that several of the samples had numerous indicator minerals with a few samples having in excess of 100 grains. The results were then examined by MCC Geoscience who report that one picroilmenite has a kimberlitic association (+10% MgO) and 14 manganese-ilmenite have a lower mantle diamond inclusion affinity. Pangolin is reviewing the results to determine how best to follow up on these observations.

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, and a Qualified Person under National Instrument 43-101 rules.

About Pangolin Diamonds Corp.

Pangolin Diamonds Corp. is building a leading diamond exploration and development company in the heart of Botswana, one of the world's leading diamond producing countries. 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 have over 100 years of combined diamond exploration experience.

For more information on Pangolin Diamonds Corp, please refer to the website at http://pangolindiamonds.com

Follow us on Twitter at @pangolindiamond and find us on Facebook at Pangolin Diamonds Corp.

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.

Pangolin Diamonds Corp.
Scott Young
Investor Relations
[email protected]

Pangolin Diamonds Corp.
Graham C. Warren
Chief Financial Officer
+1.416.594.1630 (FAX)
[email protected]

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
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, shared examples from a wide range of industries – including en...
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Rodrigo Coutinho is part of OutSystems' founders' team and currently the Head of Product Design. He provides a cross-functional role where he supports Product Management in defining the positioning and direction of the Agile Platform, while at the same time promoting model-based development and new techniques to deliver applications in the cloud.
DXWorldEXPO LLC announced today that Kevin Jackson joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Kevin L. Jackson is a globally recognized cloud computing expert and Founder/Author of the award winning "Cloud Musings" blog. Mr. Jackson has also been recognized as a "Top 100 Cybersecurity Influencer and Brand" by Onalytica (2015), a Huffington Post "Top 100 Cloud Computing Experts on Twitter" (2013) and a "Top 50 C...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory? In her Day 2 Keynote at @DevOpsSummit at 21st Cloud Expo, Aruna Ravichandran, VP, DevOps Solutions Marketing, CA Technologies, was jo...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Dhiraj Sehgal works in Delphix's product and solution organization. His focus has been DevOps, DataOps, private cloud and datacenters customers, technologies and products. He has wealth of experience in cloud focused and virtualized technologies ranging from compute, networking to storage. He has spoken at Cloud Expo for last 3 years now in New York and Santa Clara.
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
delaPlex is a global technology and software development solutions and consulting provider, deeply committed to helping companies drive growth, revenue and marketplace value. Since 2008, delaPlex's objective has been to be a trusted advisor to its clients. By redefining the outsourcing industry's business model, the innovative delaPlex Agile Business Framework brings an unmatched alliance of industry experts, across industries and functional skillsets, to clients anywhere around the world.
Headquartered in Plainsboro, NJ, Synametrics Technologies has provided IT professionals and computer systems developers since 1997. Based on the success of their initial product offerings (WinSQL and DeltaCopy), the company continues to create and hone innovative products that help its customers get more from their computer applications, databases and infrastructure. To date, over one million users around the world have chosen Synametrics solutions to help power their accelerated business or per...