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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.


TSX:LUC - Post by User

Lucara Diamond Corp > Sunbird Exploration
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Comment by nyonion Mar 03, 2021 10:33am
174 Views
Post# 32704262

RE:Sunbird Exploration

RE:Sunbird ExplorationThe Botswana Minerals Act is quite clear about what constitutes 'prospecting'.

"prospect" means intentionally to search for minerals and includes determining their extent and economic value;
 
"prospecting area" means the land subject to a prospecting licence;
 
"prospecting licence" means a right to prospect acquired under Part IV;

section 2 here:-

https://photos.state.gov/libraries/botswana/19452/pdfs/Mines%20and%20Mineral%20Act.pdf

So if Lucara have no prospecting licences, whose licence area is Sunbird prospecting?
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