Atlas Minerals, a wholly owned subsidiary of BOD, holds the license which can be renewed for two additional periods of two years each.
The prospecting license is considered to be part of the Orapa kimberlite cluster and is distinguished by a northward protruding tongue of thicker Kalahari cover up to 60m deep.
Botswana Diamonds said the license is located on the highly prospective but lightly explored Kaapvaal craton where previous indications of the mantle inferred the presence of diamond bearing kimberlites.
Till date, kimberlites intercepted in the Orapa cluster are in areas of thin to no Kalahari cover.
Botswana Diamonds chairman John Teeling said,"The area shares similar characteristics with the area around the Gope mine development of Gem Diamonds and the X36 project of Petra Diamonds. New high resolution geophysics using airborne magnetics will be used to identify drilling targets."
