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Lucapa is a growing diamond company with a portfolio of production, development and exploration assets in Angola, Lesotho, Australia and Botswana.
Lucapa Diamond (ASX:LOM) has released an update on the follow-up exploration program underway at the 80 percent owned Brooking diamond project in Western Australia’s West Kimberley region.
Lucapa is a growing diamond company with a portfolio of production, development and exploration assets in Angola, Lesotho, Australia and Botswana. According to the company, the Brooking project is located within 50km of the Ellendale mine which, until its recent closure, produced more than 50 percent of the world’s fancy yellow diamonds.
As quoted from the press release:
Drilling Update
Further to the ASX update of 23 May 2018, the new drilling program has commenced at the Little Spring Creek prospect at Brooking to follow-up on the LSC-01 discovery hole, from which 119 micro and macro diamonds were recovered from an 86.8kg sample of lamproite drill core. The first hole in the Little Spring Creek follow-up program has successfully intersected the targeted lamproitic body from near surface (~2 metres depth), with drilling continuing. Once the first drill hole has been completed and the core logged, Lucapa plans to immediately send samples for micro diamond analysis. This laboratory process takes approximately four weeks to complete.
Airborne TDEM Survey
Lucapa has engaged new resolution geophysics to complete an xcite time domain electromagnetic (TDEM) survey over the entire 118km2 Brooking project area to define additional drilling targets at other prospective areas where diamonds and lamproite indicator minerals were recovered from previous surface sampling programs. These additional target areas include Cameron’s Bore, Katie’s Bore, East-West Creek, Homestead Creek, Santa Fe Dam and North East Creek. This helicopter-borne survey is due to commence next week and is scheduled to take up to two weeks to complete.