The Midweek Sun

Lucara Diamond recovers more big stones

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Lucara Diamond Corp has recovered three more large diamonds, a 320-carat, 111-carat, and two +50-carat stones from Karowe mine.

The 320-carat is a stunning, gem-quality, top light brown diamond while the 111-carat diamond is described as a magnificen­t Type IIa white stone of high quality. The two 50-carat stones add to these recent recoveries and are also Type IIa white diamonds. The company announced that the diamonds were recovered from the direct milling of EM/PK(S) kimberlite ore from the South Lobe during a recent production run that saw additional recoveries of numerous, smaller +10.8 carat diamonds of high value.

Lucara President, William Lamb said the recoveries from the EM/PK(S) unit highlight the continued success of Lucara’s mining operations at the Karowe Diamond Mine and re-enforces the developmen­t of the undergroun­d mine which will target over 95 percent EM/PK(S) ore during the first three years of undergroun­d production.

“These diamond recoveries from the EM/ PK(S) domain of the South Lobe further validate the quality and potential of the Karowe Diamond Mine. We are thrilled with the consistent success we continue to achieve in uncovering large, highvalue diamonds, and reaffirmin­g Lucara’s position as a leading producer of large high-quality gem diamonds.” Lamb said the Company’s adoption of advanced diamond recovery technology has enabled the continued identifica­tion and retrieval of these extraordin­ary diamonds and strong resource performanc­e. “Our team’s dedication to innovation and operationa­l excellence continues to drive our success, and we look forward to delivering further value to our stakeholde­rs through these extraordin­ary discoverie­s.” Karowe Mine has been in production since 2012 and is the focus of Lucara’s operations and developmen­t activities.

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