A 33-hole (3,965-metre) reverse circulation drilling program recently completed at the joint-venture prospect in Botswana of Repadre Capital (VSE) has failed to intersect any kimberlite intrusives, a common host rock for diamonds.
The company says it will now consider a widespread soil sampling program designed to pin-point the source of anomalous concentrations of kimberlite minerals, including chrome diopside, recently found in the area.
Repadre, a subsidiary of International Corona (TSE), has a joint-venture agreement with AMPAL, a Botswana-based company, to explore the 850,000-hectare prospecting licence. More than $1.2 million has been spent to date on exploration.
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