Lucapa Identifies Kimberlitic Signature at L259 Kimberlite

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.

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