Ann: Kimberlite Drilling Targets Defined at High Priority L259, page-48

Lucapa Diamond - references to new diamond mine condense

http://www.goldinvest.de/index.php/...neue-diamantmine-verdichten-sich-weiter-33812


It looks more as if the Australian could Lucapa Diamond (WKN A0M6U8 / ASX LOM) succeed the extremely rare feat, a new diamond mine - on its Lulo project in Angola - prove. The reconciliation of data obtained from both gravimetric and electromagnetic studies on possible Kimberlitschlot L259, is characterized in any case a the company believes very positive picture.

In summary, an excellent agreement between the outline of L259, which was subscribed by gravimetric analysis and the person who has been identified with the electromagnetic analysis. Overall, as modeled rock body extends over 70-108 hectares - just below the mining area, in the Lucapa so far has found the most, especially large diamonds.

It was also shown that within this rock body, the electromagnetic conductivity varies significantly and the zones where it is highest, coincides with those pits in the center of the rock body, where kimberlite was encountered. How Lucapa explains agree the previously acquired geophysical data in line with the "footprint" of a lying near the surface, weathered Kimberlitschlots or its crater. Or put simply: There still every reason to that Lucapa is on the right track.

The company has now defined the goals you for the next step - needed - a drilling program. This is already under way, as Lucapa has ordered a drill some time ago, with the one now the necessary holes on L259 - can perform - and as a result additional promising kimberlites around.

This means Lucapa works beautifully systematically from the steps that are needed to prove without a doubt that, or whether one has with L259 found a kimberlite, which is suitable for the construction of a new diamond mine. And so far there has been no case misstep, we could detect.

Therefore open the fact that the stock today fell back on Australian market up to 0.42 AUD, Risk prepare investors in Germany in our opinion, an excellent opportunity to still jump on the moving train. cavort in our opinion, many trading-oriented investors who see it as a disappointment that the company is not leaning out of the window, in his statements is not forward-looking, and therefore give their pieces quickly to the Australian Stock Exchange.

Since having a fundamentally changed nothing, but on the contrary, the evidence suggests that Lucapa could prove on the Lulo project a significant diamond deposits, have in our view still compressed, we view the current pullback as an excellent buying opportunity or possibility for stocking. Of course Lucapas Kimberlitexploration remains a "hot bet" high risk, the Blue sky potential in our view, but also enormous.