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Lucara Recovers Further Exceptional Diamonds at Karowe

Written by Charlotte McLeod
|
Aug. 17, 2015 04:00PM PST

Lucara Diamond Corp. (TSX:LUC) announced that it’s recovered more exceptional diamonds at its Botswana-based Karowe mine.

Lucara Diamond Corp. (TSX:LUC) announced that it’s recovered more exceptional diamonds at its Botswana-based Karowe mine.
As quoted in the press release:

The resource is continuing to deliver according to expectations with the recovery of a spectacular Type IIa, 336 carat diamond. In addition to this recovery, a further three exceptional diamonds were recovered over this past weekend, a 184 carat stone, a 94 carat and a 86 carat stone. A 12 carat pale pink diamond was also recovered, the color of which will be confirmed post cleaning.
Over the past three years, since the recovery of the first large diamond from the Karowe Diamond Mine in 2013, Lucara has recovered 216 diamonds that have sold for more than $250,000 each. Twelve of these diamonds sold for more than $5.0 million each.

William Lamb, president and CEO of Lucara, commented:

The ongoing recovery of large exceptional diamonds from the Karowe Mine continues to support the resource estimates. This resource has consistently produced significant value for the Company and its shareholders and the ongoing recovery of high value stones sets Lucara apart from most other diamond producers.

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

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