[miningmx.com] — DiamondCorp reported on Wednesday an increase in
the size of the geophysical target at one of the prospecting areas making up its
Jwaneng South Project in Botswana.
Releasing an activities update, the company said reprocessing of ground geophysical data from Prospecting Licence PL71 covering the Jwaneng South project
area has resulted in an increase in the size of the geophysical target at J-12 from 15ha to 45ha, and better definition of a 4ha target at J-05.
At its Lace Mine in South Africa, DiamondCorp said decline development
activities were progressing.
The Lace mine, near Kroonstad in the Free State, restarted operations towards the end of April after the fall in diamond prices led to the cessation of surface mining
activities at the mine last year.
Since restarting activities, about 200 metres of decline development have been
Development to date has been completed within budget, said DiamondCorp.