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Tsabong, Botswana

The Tsabong kimberlite field is located in south western Botswana, approximately 280 kilometres south west of the Jwaneng Mine, which is the world's most profitable diamond mine, producing over $2 billion revenue and over $1.8 billion operating profit per annum. The Tsabong project extends over an area of approximately 7,400 square kilometres, and covers the entire Tsabong kimberlite field.

Tsabong is one of the largest diamondiferous kimberlite fields in the world, containing 85 known kimberlites, of which 18 have been proven to be diamondiferous. It is noted for the exceptionally large size of many of its kimberlites, in particular the 180 hectare MK1 kimberlite, which is one of the largest known diamondiferous kimberlites. The Tsabong field also contains five kimberlites larger than 50 hectares and 32 kimberlites between 20 and 50 hectares in size. Work at Tsabong has been primarily focused on 14 high interest kimberlites that were selected on the basis of diamond content, kimberlite indicator mineral ("KIM") chemistry and size. A programme of 17,000 metres of core and percussion drilling has been undertaken on these kimberlites to obtain material for detailed microdiamond, KIM chemistry and petrographic analyses. Bulk samples from selected kimberlites is being undertaken by large diameter drilling to provide an indication of grade and diamond value.

Exploration at Tsabong is targeting approximately 80 well defined geophysical anomalies that have been identified by interpretation of aeromagnetic survey data over the area. The company expects the total number of kimberlites in the Tsabong area to reach more than 100, once exploration has been completed.

With rough diamond prices estimated to have tripled since the Tsabong field was discovered in the early 1980's, the threshold for economic viability is modest. A kimberlite in Tsabong with a grade of 20 cpht and average quality diamonds of $100 per carat would support a large-scale, profitable mining operation. Access to the area is via tarred road from Gaborone and infrastructure in the area is good. Firestone owns a 100% interest in the Tsabong project.


Kimberlite Area (ha) Macrodiamond
recovery
Microdiamond
recovery
Other comments
MK 1 180 Y Y Very large size; 13% G10 garnets; microdiamond grade of 25 cpht
MK 31 75 NS Y Large size
MK 45 25 RP N 4% G10 garnets; best KIM chemistry
MK 4 20 NS Y 10% G10 garnets
MK 42 20 NS Y
MK 39 20 NS Y
MK 38 20 Y Y 24% G10 garnets; best KIM chemistry; microdiamond grade of 25-30 cpht
MK 7 20 NS N Group 1 eclogitic garnets
MK 34 20 NS Y
MK 52 15 RP Y
MK 51 10 RP Y 17% G10 garnets
MK 84 10 RP N 10% G10 garnets; best KIM chemistry
MK 65 10 NS Y Best diamond results
MK 48 10 NS Y
NS = not yet sampled
RP = Results pending


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