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Lucapa Diamond Company Ltd. (ASX:LOM) announced that ongoing pitting and grade control programs around the Mining Block 8 alluvial diamond field at its Angola-based Lulo diamond project have had two significant outcomes.
Lucapa Diamond Company Ltd. (ASX:LOM) announced that ongoing pitting and grade control programs around the Mining Block 8 alluvial diamond field at its Angola-based Lulo diamond project have had two significant outcomes. They are as follows:
- The identification of kimberlite material next to Mining Block 8 which the Company has now upgraded to a confirmed kimberlite (“L259”)
- A significant expansion of the alluvial gravels at Mining Block 8, which has been a prolific source of the large special alluvial diamonds (diamonds > 10.8 carats) and fancy colours and will remain the focus of future alluvial diamond production operations at Lulo
Stephen Wetherall, chief executive of Lucapa, commented:
We now have a confirmed kimberlite adjacent to the Mining Block 8 alluvial diamond field where we are recovering both large valuable diamonds and coarse kimberlite indicator minerals.
This makes L259 a compelling target as we close in on our major goal at Lulo, which is to find the primary kimberlite source or sources of the exceptional alluvial diamonds we are recovering on a daily basis. The area we have recovered kimberlite material from in our ongoing pitting program also suggests this to be a significantly sized kimberlite.
Click here to read the full Lucapa Diamond Company Ltd. (ASX:LOM) press release.