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Lucapa Diamond Company Limited (ASX:LOM) (“Lucapa” or the “Company”) and its Lulo Alluvial Mine partners, Endiama and Rosas & Petalas are pleased to announce the recovery of a 195 carat Type IIa diamond from Lulo.
- 195 carat Type IIa diamond recovered
- Fourth +100 carat diamond recovered from Lulo in 2024
- 6th largest diamond to be recovered from Lulo Alluvial Mine
The diamond is the sixth largest and the 44th +100 carat diamond to be recovered from the Lulo Alluvial operations since mining commenced in 2015.
The 195 carat Type IIa diamond is the fourth +100 diamond to be recovered at Lulo this year.
Picture: The 195 carat Type IIa diamond recovered from Lulo alluvial Mine in Angola
For and on behalf of the Lucapa Board.
Nick Selby
Managing Director
For more information:
Candice Sgroi
Head of Investor Relations and Corporate Communications
Mob: +61 400 49 22 85 | csgroi@lucapa.com.au
ABOUT LUCAPA
Lucapa is an ASX listed diamond miner and explorer with assets in Africa and Australia. It has interests in two producing diamond mines in Angola (Lulo, in which LOM holds 40%) and Lesotho (Mothae, in which LOM holds 70%). The large, high-value diamonds produced from these two niche African diamond mines attract some of the highest prices/ carat globally.
The Lulo mine has been in commercial production since 2015, while the Mothae mine commenced commercial production in 2019.
In 2021, through its wholly owned subsidiary, Australian Natural Diamonds Pty Ltd, Lucapa completed the strategic and transformative acquisition of the Merlin Diamond Project, an historic Australian mine in the Northern Territory of Australia.
Lucapa and its project partners are also exploring for potential primary source kimberlites or lamproites at the prolific Lulo concession in Angola, the Brooking project in Australia and the Orapa Area F project in Botswana.
The Board, management and key stakeholders in Lucapa have deep global diamond industry experience and networks all through the value chain from exploration to retail.
Competent Person’s Statement
Information included in this announcement that relates to exploration results and resource estimates is based on and fairly represents information and supporting documentation prepared and compiled by Richard Price MAusIMM who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Price is an employee of Lucapa Diamond Company Limited. Mr Price has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves. Mr Price consents to the inclusion in the announcement of the matters based on this information in the form and context in which it appears.
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