Ann: 9th 100 Plus Carat Diamond Recovered from Lulo, page-12

Lucapa Diamond Company recovers more large diamonds in Angola

The latest recoveries include diamonds weighing 103 carats and 83 carats



Lucapa Diamond Co Ltd (ASX:LOM) has recovered more large diamonds from the Lulo Diamond Project in Angola.

The latest recoveries include diamonds weighing 103 carats and 83 carats, both of which were recovered from Mining Block 8.

The 103 carat light brown diamond and 83 carat Type IIa diamond continue to evidence the special nature and potential of the Lulo resource.

The 103 carat diamond is the 9th +100 carat diamond recovered to date from Lulo, the largest being the Angolan record 404 carat 4th February Stone which sold for US$16 million in 2016.

The latest large stone recoveries follow the recovery in November 2017 of two exceptional Type IIa D-colour gems weighing 129 carats and 78 carats.

Lucapa’s flagship asset is the Lulo Diamond Project in Angola, which is a prolific producer of large and premium-value alluvial diamonds.

It has produced nine +100 carats diamonds since commencing mining operations in 2015 and is the highest US$ per carat alluvial diamond production in the world.

Lucapa and its partners continue to advance their search for the primary kimberlite source of these alluvial gems, with three drill rigs now available in the ongoing kimberlite exploration program.