Lucara Diamond Corp T.LUC

Alternate Symbol(s): LUCRF

Metals & Mining Industrial Metals & Minerals

Lucara Diamond Corp. is a Canadian diamond mining company with a producing mine and exploration license in Botswana. It is an independent producer of large Type IIa diamonds from its 100% owned Karowe Diamond Mine in Botswana. The Karowe Mine is the focus of the Company's operations and development activities. Its 100% owned Karowe mine is a producer of large Type IIA diamonds, more than 10.8 carats, including the historic 1,758 Sewelo, the 1,109 carat Lesedi La Rona and the 813-carat Constellation.

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Lucara Diamond Corp

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Comment by true55on Sep 16, 2012 5:25pm

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Post# 20373795

RE: RE: another diamond project

Resources & Reserves *	Mine plan based on Probable reserve from surface to a depth of 320 m of 36.2 mt containing 6.3 million carats Indicated resource from surface to a depth of 400 m of 51 mt containing 8.2 million carats Inferred resource from 400 m to 750 m of 21 mt containing 4 million carats
Mine Life	15+ years
Throughput	2.5 mtpa
Capital Costs	$120M
Operating Costs	$20.00 per tonne approx. Contract Mining Contract Process Plant Operations and Maintenance
Production	325,000 first year