Stornoway And Motapa Commence Drilling At Sua Pan Project, Botswana
Wednesday, September 26th, 2007
Stornoway Diamond Corp. and Motapa Diamonds Inc. are pleased to announce that drilling has commenced on their jointly held 815,000 acre Sua Pan Project in Botswana, Africa.
The Sua Pan is a large dry lake bed situated some 50km north-northeast of the Orapa Mine on the extension of Botswanaâ€™s Cretaceous kimberlite trend. Kimberlite indicator minerals are common in samples collected on the periphery of the pan, and diamonds have been recovered from five sample locations, suggesting the possibility of local kimberlite sources; however, the Pan itself is not conducive to heavy mineral prospecting techniques. Following an 11,510 line kilometre airborne geophysical survey employing the proprietary FalconTM gradiometer/magnetometer system, Stornoway identified some forty-six targets of interest. Ground geophysical follow-up surveys were conducted on 28 of these anomalies, and between ten and twelve targets will be tested in the current drill program. Drill testing commenced in mid-September and, weather permitting, will continue into October until all of the targets are tested.
Botswana is the worldâ€™s leading diamond producer by value and its mines, Jwaneng, Lethlakhane and Orapa are amongst the most profitable. The countryâ€™s democratic governments have maintained three decades of record economic growth due in-part to Botswanaâ€™s rich mineral resources.