Independent JORC diamond resource estimate confirms the extent and quality of the alluvial diamond deposits at Lulo
Maiden resource estimate sufficient to support diamond mining for approximately 4 years at 20,000 bulk cubic metres per month
First resource estimate covers less than 10% of the alluvial mining licence area
Resource points to the potential of the Mining Block 8 and E46 alluvial diamond areas
Multi-purpose drill rig purchased for resource extension work at Mining Block 8 and E46 in 2016
Drill rig will also be used in priority kimberlite exploration program at L259, L13 and L15, which are considered potential kimberlite sources of exceptional diamonds being recovered from Mining Block 8
LOM Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held
