- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Lucapa Identifies Kimberlitic Signature at L259 Kimberlite
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.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.