Jwaneng North Project - Diamonds
Eastport Ventures received 2-year reduced (size) Prospecting Licence renewals during 2020. The renewals were granted on the basis of the previous work and rewarded the Company for the identification of drill targets. The work programme agreed to with the Department of Mines (DoM) requires the drill testing of a minimum of two targets during this first renewal period.
To date, Eastport has identified four kimberlite targets of merit. The Company will drill test the Kgare kimberlite with one core drill hole and process the kimberlite for diamonds. Kgare was reported by De Beers to be diamond-bearing although the details remain unavailable. Conflicting data and issues with rock property measurements necessitate a follow up test.
At EVB003, EVB004 and the X664 kimberlites, Eastport's exploration identified untested kimberlite lobes. Each requires drill testing for diamond recovery.
During the months leading up to the renewal, Eastport managed to obtain a portion (10%) of a lost airborne electro-magnetic (EM) survey directly from De Beers. The survey data was re-processed using more robust modern algorhyms and this effort resulted in a large number of targets. Unfortunately, there was insufficient time remaining in the initial PL period to properly access each of the targets prior to the PL renewal. A selection of the targets will be considered for exploration during 2021.
The image (left) demonstrates the large number of targets generated during the re-processing (red dots). Some are clearly geological. Efforts to exploit airborne conductivity depth images (CDI's) for each of the new targets will better focus the Company's efforts.
The company's Environmental Impact Statement was authorised by the Department of Environmental Affairs in February 2021. We are now able to drill.