PAN Pangolin Diamonds Corp

Pangolin Diamonds Corp. (the "Company" or "Pangolin") (TSX VENTURE:PAN) today
reported on soil sample results from its 100%-owned Mmadinare diamond project in
north-east Botswana. 


Highlights:



--  Pangolin discovers one micro-diamond and 44 ilmenite grains within
    "Block 1" of the Project Area; 
    
--  137 soil samples collected by Pangolin field teams follow earlier
    sampling from within the Project Area (Prospecting Licence 041/2011); 
    
--  Samples were processed by Pangolin through its Dense Media Separation
    ("DMS") plant, and the diamond concentrates recovered were then observed
    by an independent diamond and indicator mineral specialist.



The Block 1 area is approximately 13 km2 in size within which samples were
collected on a 500 meters by 250 meters grid spacing. Individual samples are
collected from the top two centimeters of the soil within a 50 meter radius of a
GPS control point. In the field, soils were screened using a +2 millimeter
screen mesh to remove most of the organic debris until approximately 5 kilograms
were obtained. In the Mmadinare area, where cover is minimal, the -2 millimeter
fraction is strongly influenced by the underlying geology. The samples were then
transported from the field to the DMS facility in Francistown, Botswana for
processing. 


The recovered diamond, sample B105, has a maximum dimension of less than 0.5
millimeters and is therefore defined as a micro-diamond.


The 44 ilmenite grains will be sent for Microprobe Analysis to characterize
their provenance as either crustal or kimberlite in origin. The micro-diamond
was recovered from a sample that also contained one ilmenite grain. The
Microprobe Analysis is expected to further refine the pattern observed. The
results will be reported when received in the coming months.


The distribution of the ilmenites demonstrates a need for additional sampling to
"close off" the anomalous area. This work will begin in several weeks following
completion of the ground surveys currently underway at the Tsabong North and
Jwaneng South projects.


The technical disclosure in this news release has been reviewed and approved by
Dr. Leon Daniels, Ph.D., Member of AIG, Chairman of the Board of Pangolin
Diamonds, a Qualified Person as defined by National Instrument 43-101. 


About the Mmadinare Diamond Project

The Mmadinare Project, located in northeast Botswana, is 1,345.6 square
kilometers in size. It contains similar geological environmental indicators to
known mines such as Venetia, the Oaks, Martinsdrift and River Ranch.


As reported in the September 18, 2013 news release, Pangolin previously
discovered 5 Manganese-rich ilmenites within a volcanic intrusion (the "SWS-21")
in the Project Area. Manganese-rich diamond-inclusion type ilmenites are known
to be associated with diamondiferous kimberlites and diamonds.


The enzyme-leach trace element chemistry from the SWS-21, identified by
independent lab analysis, is identical to diamondiferous kimberlites in the
Jwaneng area, Botswana. Also as reported, multiple diamond-inclusion type
manganoan ilmenites were recovered from soil samples collected in a different
part of the Project Area.


About Pangolin Diamonds Corp.

Pangolin Diamonds Corp. is building a leading diamond exploration and
development company in the heart of Botswana, the world's leading diamond
producing country by value. The Company is the 100% owner of four separate
projects throughout Botswana inclusive of the Tsabong North, Jwaneng South,
Malatswae and Mmadinare Projects. Pangolin's management and team leaders have
over 100 years of combined diamond exploration. This places the Company as one
of the most experienced diamond explorers in Botswana. The Company is equipped
for exploration, with two diamond drill rigs and a fully portable one-tonne per
hour Dense Media Separation plant used to prepare samples and make diamond
concentrates.


For more information, please refer to www.pangolindiamondscorp.com.

Follow us on Twitter: @pangolindiamond  

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Pangolin Diamonds Corp.
Scott Young
Investor Relations
+1.416.488.1370
scott@pangolindiamondscorp.com


Pangolin Diamonds Corp.
Graham C. Warren
Chief Financial Officer
+1.416.594.0473
+1.416.594.1630 (FAX)
gwarren@pangolindiamondscorp.com
www.pangolindiamondscorp.com

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