The 2.9km² PL 117/2011 area was identified as the highest level priority target under the JV that Botswana Diamonds operates with Russian diamond firm, Alrosa.

Both companies have carried out magnetic, electromagnetic and geochemical surveys on the ground.

The geochemical samples are being shipped to the Alrosa laboratory in St Petersburg, Russia, for mineralogical analysis while the interpretation and modeling of the geophysical fieldwork is underway.

Botswana Diamonds drilled PL 177/2011 in collaboration with De Beers between 2004 and 2007, and identified the diamondiferous kimberlite pipe, AK10, on the ground.

The company’s current work program will re-evaluate the potential of the ground and possibly drill successfully to augment the existing resource.

Botswana Diamonds chairman John Teeling said that the company has identified license PL117 as a key target.

"We have done the initial ground work with our Russian partners; the samples are on their way to Russia and applying Alrosa’s in-house analytical capabilities we shall hopefully locate the new drill targets, which we shall drill in short order," Teeling added.

"Additionally we await the formal awarding of the new prospective licences, which we remain confident will be successfully applied for with the Department of Mines in Botswana."

"These areas, which have been identified as top-priority targets by the joint venture, will also be worked under a continued, joint work programme."