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Lucapa Diamond Company (ASX:LOM) and its partners, Endiama and Rosas & Petalas, have provided an update on its diamond production operations and exploration activities at the Lulo Diamond Project in Angola. As quoted in the press release: Production Highlights – July 2016 month Record recovery of 59 large Special diamonds (diamonds > 10.8 carats in …
Lucapa Diamond Company (ASX:LOM) and its partners, Endiama and Rosas & Petalas, have provided an update on its diamond production operations and exploration activities at the Lulo Diamond Project in Angola.
As quoted in the press release:
Production Highlights – July 2016 month
- Record recovery of 59 large Special diamonds (diamonds > 10.8 carats in weight)
- Record diamond production of 3,164 carats
- Record diamond grade of 15 carats per 100 cubic metres
- Record processing volumes of 21,114 bulk cubic metres (Bcm)
Exploration Highlights
- Drilling at kimberlite target L259 continues after early commissioning delays were experienced. Re-sedimented volcaniclastic kimberlite (“SRKV”), or crater lake sediments, were intersected in initial hole-drilling targeting pyroclastic kimberlite (“PK”).
- Additional larger drill rig scoped, identified and will be ordered shortly to accelerate kimberlite drilling program.
- New zone of terrace gravels identified from ongoing alluvial exploration-3km further upstream of the delineated JORC diamond resource, highlighting the potential for the entire 51km stretch of Cacuilo River at Lulo to host large alluvial diamonds.
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