Africa and southern Africa in particular provides a highly prospective region for the discovery of new diamond deposits. The recent re-assessment and successful mine development on a number of previously known deposits in Botswana and Lesotho demonstrate this opportunity. PanEx Resources team members have worked on many diamond deposits, both kimberlite and alluvial. The discovery of the world class Marsfontein kimberlite pipe is a good example of this. Currently we are examining kimberlite diamond opportunities in Botswana and elsewhere on behalf of PanEx Resources.