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Pangolin's Diamond Drilling in Botswana Returns 45 Mantle-Derived Indicator Garnets

Pangolin Diamonds Corp. (PAN.V) announced the first results from the company's initial drilling program at its Tsabong North Project in Botswana, Africa.

Independent lab analysis by Kelowna, B.C.-based CF Mineral Laboratories Inc. returned a significant number of high pressure garnets associated with the diamond stability field (the area of the Earth's mantle with the heat and pressure required to produce diamonds). This confirms a high exploration potential for new diamondiferous kimberlite pipes in the Project area.

PAN dropped to 10 cents by 17% despite the announcement.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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