Oct 18 2013
Pangolin Diamonds Corp. announced that it has discovered a new kimberlite, Martin 01, in the Company's 100% owned Tsabong North Project in Botswana. The Martin 01 kimberlite is located approximately 12 km north of the Magi kimberlite, reported earlier.
A single hole was drilled into the magnetic target. Geophysical modeling indicates that the Martin 01 kimberlite may be up to 31 Ha in size (0.31 km2).
Crater facies volcanic sediments were intersected at 85 metres below surface. Sandy tuffs were intersected at a depth of 105 metres.
This kimberlite is distinguished from other kimberlites in the region in that it has a cover of Karoo sediments, including poorly developed thin coal seems. This is the first recorded discovery of a kimberlite in Botswana below the Karoo Formation in the area.
Core samples are being submitted to independent laboratories to recover any indicator minerals, and any diamonds.
Source: http://www.pangolindiamondscorp.com/