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Pangolin Diamonds Corp V.PAN.H

Alternate Symbol(s):  KGHZF

Pangolin Diamonds Corp. is a Canada-based diamond exploration company. The Company is engaged in the acquisition, exploration and development of mineral properties in Botswana. The Company, through its wholly owned subsidiaries, holds title to various properties (the Pangolin Properties). The Pangolin Properties consist of approximately 17 diamond prospecting licenses (PLs). Its Motloutse Diamond Project is located in eastern Botswana and is comprised of eight diamond PLs. Its Kweneng Project is located in the Kweneng District and covers an area of approximately 361 square kilometers (km2). The Company's subsidiaries include Pangolin Diamonds Limited, Pangolin Diamonds (Pty) Limited, Geocontracts Botswana (Pty) Limited, and Amulet Diamond (Botswana) Pty Limited.


TSXV:PAN.H - Post by User

Post by Lazare2222on Jan 27, 2021 6:10am
552 Views
Post# 32396738

Update on KW04 dyke please

Update on KW04 dyke pleaseWould be great to get an update on the KW04 dyke Discovery. Any positive news could add some interest in PAN  just as the diamond industry is starting to pick up. Meanwhile LUC continues to pull out some impressive stones from the Karowe Mine. Our CEO co discoverd the AK6 kimberlite.

Lucara Recovers 378 Carat Top White Gem Diamond from the Karowe Mine In Botswana

VANCOUVER, BC, Jan. 26, 2021 /CNW/ - (TSX: LUC) (BSE: LUC) (Nasdaq Stockholm: LUC) 

Lucara Diamond Corp. ("Lucara" or the "Company") is pleased to announce another recovery of significance from its 100% owned Karowe Mine. A magnificent unbroken Type IIa 378 carat gem quality top white diamond was recently recovered from milling of ore sourced from the M/PK(S) unit of the South Lobe (image attached).  This recovery is the 2nd +300 carat gem quality diamond to be recovered this year from direct milling of the M/PK(S) unit, a further testament to the strong resource and process circuit performance at Karowe. The 378 carat and the 341 carat diamonds were recovered from the Coarse XRT circuit. Please view PDF version

Eira Thomas, Lucara's CEO commented: "This superb 378 carat diamond is our second +300 carat recovery so far this year, marking a strong early start to 2021. The 378 carat joins a rare and special lineage of exceptional, high value diamonds recovered at Karowe and continues to highlight the wonderful diamond potential of Botswana. Continued and consistent recovery of large diamonds, such as the 378 carat and 341 carat stones, comes at a critical time and provides continued strength and additional foundation to the opportunity to finance and build the underground expansion at Karowe that will see mining continue for at least another 13 years after the open pit ceases operations in 2026. We look forward to a safe, productive and busy 2021."

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