• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Diamond Market
    Diamond News
    Diamond Stocks
    • Diamond Market
    • Diamond News
    • Diamond Stocks

    Lucapa Identifies Kimberlitic Signature at L259 Kimberlite

    Charlotte McLeod
    Feb. 01, 2016 11:26AM PST
    Diamond Investing

    Lucapa Diamond Company Ltd. (ASX:LOM) announced the results of a gravity survey completed at the L259 kimberlite, located at its Angola-based Lulo diamond project.

    Lucapa Diamond Company Ltd. (ASX:LOM) announced the results of a gravity survey completed at the L259 kimberlite, located at its Angola-based Lulo diamond project.
    According to the company, the survey identified a large, well-defined kimberlitic signature covering a known area of about 110 hectares. It “appears to extend beyond the survey grid boundaries to the south-west.”
    Other highlights are as follows:

    • The L259 kimberlite signature subcrops directly beneath the Mining Block 8 area and is adjacent to Mining Block 6 where Lucapa has already recovered a combined total of 72 large special diamonds of up to 133 carats.
    • Gravity survey being extended to the south-west to fully define the extent of the L259 kimberlitic signature
    • Ground-based electromagnetic (EM) survey ongoing at L259 to assist in modelling the signature geology — results and interpretation expected in February 2016
    • Drill rig due to arrive in Angola in February 2016. Once on site, this rig will commence drilling the outer rim of L259 to identify any near-surface kimberlitic material which may be suitable for bulk sampling to determine diamond content

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

    lucapa diamond company ltdasx:lomlucapa diamondlucapa diamond company
    The Conversation (0)

    Go Deeper

    AI Powered
    Cygnus' first drill hole returns up to 9.1% Cu outside Resource

    Cygnus' first drill hole returns up to 9.1% Cu outside Resource

    Cygnus Metals Limited Clarification Announcement

    Cygnus Metals Limited Clarification Announcement

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×