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    Lucapa Diamond Recovers Large, Special Diamonds at Lulo

    Charlotte McLeod
    Aug. 18, 2015 09:17AM PST
    Diamond Investing

    Lucapa Diamond Company Ltd. (ASX:LOM) announced that it recovered five large, special diamonds during the first four days of mining at the BLK_08 area of the Angola-based Lulo diamond concession.

    Lucapa Diamond Company Ltd. (ASX:LOM) announced that it recovered five large, special diamonds during the first four days of mining at the BLK_08 area of the Angola-based Lulo diamond concession.
    As quoted in the press release:

     The five specials (diamonds weighing 10.8 carats and above) recovered so far from BLK_08 include individual stones weighing 53.2 carats, 21.7 carats, 21.1 carats, 12.0 carats and 10.8 carats.
    Lucapa and its partners have now recovered a total of 15 special diamonds to date in the September Quarter, including a 32.7 carat gem recovered from mining area 31, at an average weight of 19.7 carats per stone.

    Stephen Wetherall, chief executive of Lucapa, commented:

    We are now mining in what is obviously a very exciting diamond field.
    The BLK_08 area yielded our biggest diamond to date, which was a spectacular 131.4 carat D-colour Type IIa gem recovered during our initial bulk sampling programs. The fact that large special diamonds account for some 45% of the carats we have recovered from mining in this area to date underlines the exceptional nature of this alluvial diamond field and kimberlite province.
    We look forward to recovering more large diamonds from this area in the September Quarter and beyond as we continue ramping up production to our targeted rate of 20,000 bulk cubic metres per month.
    Finding large alluvial diamonds on a consistent basis, together with an abundance of coarse indicator minerals, also indicates we may be close to the primary kimberlite source – so the kimberlite pipes we have identified in the BLK_08 and surrounding areas are of significant interest.

    Click here to read the full Lucapa Diamond Company Ltd. (ASX:LOM) press release.

    lucapa diamond companyasx:lomlucapa diamondindicator mineralslucapa diamond company ltdkimberlite pipes
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