Stornoway Diamond Corp. (SWY – TSX) and Motapa Diamonds Inc. (MTP – TSX-V) 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 Botswana’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 world’s leading diamond producer by value and its mines, Jwaneng, Lethlakhane and Orapa are amongst the most profitable. The country’s democratic governments have maintained three decades of record economic growth due in-part to Botswana’s rich mineral resources.
Stornoway Diamond Corporation is one of Canada's leading diamond exploration and development companies, involved in the discovery of over 150 kimberlites in six Canadian diamond districts. The Company benefits from a diversified diamond property portfolio, a strong financial platform and management and technical teams with experience in each segment of the diamond "pipeline" from exploration to marketing. Stornoway’s diamond exploration programs are conducted under the direction of Robin Hopkins P.Geol. (NT/NU), Vice President, Exploration, a Qualified Person under NI 43-101.
Motapa Diamonds is among the leading diamond explorers in Africa and has interests in approximately 9 million hectares of diamond prospective properties located in Botswana, Gabon, Lesotho, Mozambique, Namibia and Zambia. The company also holds licenses to explore for uranium, gold and manganese in Gabon.
On behalf of the Board
STORNOWAY DIAMOND CORPORATION
/s/ “Eira Thomas”
Eira Thomas
Chief Executive Officer