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Lucara Diamond Corp T.LUC

Alternate Symbol(s):  LUCRF

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.


TSX:LUC - Post by User

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Post by lea029on Jan 07, 2013 6:20pm
263 Views
Post# 20807607

Rare Blue Diamonds

Rare Blue Diamonds

Lucara Recovers More Exceptionally Rare Blue Diamonds

 
Lucara Recovers More Exceptionally Rare Blue Diamonds

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 7, 2013) - Lucara Diamond Corp. (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX First North:LUC) is pleased to report the recovery of an additional two rare blue diamonds from its Karowe Mine in Botswana.

The larger of the two diamonds recovered has a weight of 4.77 carats with the smaller diamond weighing 0.2 carats. Options for the sale of the stones are currently being investigated. Lucara recently sold a 9.46 carat blue diamond recovered from the Karowe Mine for $4.515 million.

Mr. William Lamb, CEO of Lucara noted, "The recovery of the 4.77 carat blue diamond brings the total number of blue diamonds recovered in the past few months to four. The re-occurring recovery of these exceptionally rare and sought-after stones is highly significant and confirms the quality of the diamonds produced from the Karowe Mine."

 

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