Firestone in Joint Venture to explore Orapa Kimberlites

Wednesday, January 06, 2010

Two diamond juniors have entered into a joint venture to explore and evaluate eight kimberlites in the Orapa region.

According to a statement, JSE-listed Tawana Resources has entered into a agreement with Firestone Diamonds over its kimberlite exploration and evaluation projects in Botswana.

Aim-listed Firestone can earn up to a 70 percent interest in any kimberlites in the prospecting licences controlled by Tawana by carrying the costs exploration up to and including an initial bulk sample in a specific kimberlite.

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