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Lucara Diamond Corp T.LUC

Alternate Symbol(s):  LUCRF

Metals & Mining Industrial Metals & Minerals
Lucara Diamond Corp. is a Canada-based diamond mining company with a producing mine and exploration license in Botswana. Its 100% owned Karowe mine, located in Botswana. Karowe produces Type IIA diamonds in excess of 10.8 carats, including the historic 1,758 Sewelo, the 1,109 carat Lesedi La Rona and the 813 carat Constellation. It also owns Clara Diamond Solutions, a secure, digital sales platform positioned to modernize the existing diamond supply chain.


TSX:LUC - Post by User

Lucara Diamond Corp > Sunbird Exploration
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Comment by nyonion Mar 03, 2021 10:33am
157 Views
Post# 32704262

RE:Sunbird Exploration

RE:Sunbird ExplorationThe Botswana Minerals Act is quite clear about what constitutes 'prospecting'.

"prospect" means intentionally to search for minerals and includes determining their extent and economic value;
 
"prospecting area" means the land subject to a prospecting licence;
 
"prospecting licence" means a right to prospect acquired under Part IV;

section 2 here:-

https://photos.state.gov/libraries/botswana/19452/pdfs/Mines%20and%20Mineral%20Act.pdf

So if Lucara have no prospecting licences, whose licence area is Sunbird prospecting?
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