Botswana Diamonds has been awarded an 8,087 square kilometre diamond exploration reconnaissance licence in Cameroon.
The concession is held 85% by Botswana Diamonds and 15% by local Cameroon partners.
The reconnaissance licence is for an initial period of 12 months with an automatic right to a one-year extension on performance of the agreed work programme - including sampling, geochemical work and geological mapping.
Following completion of the agreed work, Botswana Diamonds can apply for one or more multi-year exploration licences of up to 1,000 square kilometres each.
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