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Tango Mining adds kimberlite prospecting licence to Botswana profile

A Canadian diversified junior mining, with a significant coal portfolio in South Africa, has announced it has added an additional kimberlite prospecting licence in Botswana.

Tango Mining has announced that it has added a Prospecting Licence to its Middlepits Project, which hosts a kimberlite called Kolonkwaneng.

First discovered in 1977 by De Beers group, bulk sampling of micro diamonds and heavy minerals has indicated that the kimberlite is diamondiferous.

Through a number of South African subsidiaries, Tango holds three thermal coal, metallurgical and processing plant and engineering contracts that process 6.5 Mt of coal per annum.

The three projects are located within the Ogies and Highveld coalfields, Mpumalanga Province and Kliprivier coalfield, KwaZulu-Natal Province, South Africa.

 

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The Company also holds an interest in the Oena Diamond Mine, an alluvial diamond property, Northern Cape Province, South Africa that has recently recommenced operations under contract to Bluedust Pty.

Tango acquired a 75% unencumbered interest in the Middlepits project late 2017, assuming responsibility for all further exploration and development on the property.

The company will work on an exploration and development program for the site in order to advance the diamondiferous gravels at the site.

This is expected to commence in Q1 2018.

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