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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Post by nyonion Aug 03, 2017 6:11pm

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Post# 26545345

AK11

There's an under-played revelation in the report.

Q1 - " Microdiamond analysis is being conducted on AK11 and AK13 diamonds which may result in further drilling work based on the overall results.".

Q2 - "During Q2 2017, the Company initiated large diameter drilling ("LDD") sampling program at AK11. Drilling has commenced on the pilot drill-hole aspect of the program."

Clearly, the microdiamond results for AK11 warrant expensive wide diameter bulk-sample drilling.

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