Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Bullboard Posts
Comment by nyonion Sep 19, 2017 7:38pm
215 Views
Post# 26716939

RE:linked article

RE:linked articleI've said before that I'm no geologist, but my take-away from that technical presentation is as follows:-

It would appear that the sum total of work done on AK11, since its discovery 47 years ago, appears to literally consist of one 'scratch' at the surface that;
(a) mis-identified the kimberlite facies
(b) gave its area as only 0.14Ha
(c) was not drilled.

We now know that it's about 18 times bigger (2.5Ha).

Furthermore, although the report says that microdiamond results were not to hand at the time of writing, we do know that they have proceeded to wide-diameter bulk sampling. I think that is a good reason to guess that the micro-diamond count was adequate or better.

Micro-diamonds are tiny specks that provide an early guide to likely grade. A quanitity of drillings, perhaps a couple of hundred kgs, are crushed and digested in various frightful acids and/or alkalis until the only stuff left is diamond and other inert substances. The diamond specks are then counted. The rule of thumb is that 1 micro-diamond per kg of original sample is considered worth following up on. More than one is better of course.
Bullboard Posts