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Lucara Diamond Recovers 239 Carat Diamond from Karowe

Investing News Network
Mar. 18, 2013 11:30AM PST
Diamond Investing

Lucara Diamond Corp. (TSX:LUC) has recovered a 239.2 carat diamond from its Karowe Mine in Botswana, as well as two more large stones weighing 124.0 carats and 71.1.

 Lucara Diamond Corp. (TSX:LUC) has recovered a 239.2 carat diamond from its Karowe Mine in Botswana, as well as two more large stones weighing 124.0 carats and 71.1.

As quoted in the press release:

The diamonds were recovered from the central kimberlite domain which has only recently become ore feed to the plant as the pit expands towards the south.

The diamonds will be sent to Antwerp to be studied prior to being sold later in the year.

Lucara Diamond President and CEO William Lamb said:

The recovery of these large stones is hugely significant to both Lucara and Botswana. To the best of my knowledge, the 239 carat stone is one of the largest diamonds ever to have been recovered from the highly prolific Orapa kimberlite field in over 40 years of production. The recovery of a diamond of this size, the confirmed population of blue diamonds, and the strong operational performance in our first few quarters of operation demonstrate the quality of the assets as well as the competence of the operations team.

Click here to read the Lucara Diamond Corp. (TSX:LUC) press release

See this press release on Marketwire
Click here to see the Lucara Diamond Corp. (TSX:LUC) profile.

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