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 KingFoxon Jan 18, 2019 11:02am

99 Views

Post# 29251123

RE:RE:RE:RE:New Presentation

Agreed. The presentation is a good one and that jumped out at me as well. I wanted to add to my position again but still bleeding from trying to catch the knife after having done so in the low $1.80's more importantly though no one seems to care ! and I can't figure out why?

soxman wrote: Something from the presentation that is pretty amazing. We already knew this info but reading it again is impressive. It's the new info on the South lobe, which we are mining for all 2019 and get all our massive stones from.

Updated South Lobe:

• Contributes high value diamonds (i.e. Lesedi la Rona and Constellation)
• Volume increases with depth; ~80% of South Lobe volumes at 600 m below surface
• Higher grade, 17-20cpht • Coarser SFD (>6 wt.% up to 10 wt.% diamonds larger than 10.8 carats)

80% of the south lobe is below 600 m with the highest grade in Karowe and 10% of total weight is special stones. That is a profile unlike any diamond mine in the world.
Just those numbers alone almost justifies an underground mine.