The company has described this project as significant exploration potential,but why?
Just think about it,the company has learnt a lot from the discovery of the L259 Kimberlite pipe at Lulo and that some older pipes do not show up on fly over magnetics and what to look for on the ground in regards to mineral indicators.
Now look at the legend and the fact there is no Kimberlites between the two Ellendale mines and the Big spring Kimberlite cluster just south of Brooking.
I have a suspicion that there may be some yet to be discovered older style kimberlites that will only be discovered doing a ground magnetic survey such as was done at L259 at Lulo in Angola.
I have invested in many Australian diamond companies looking for the holly grail over the years.
Is Lucapa the one to finally succeed where others haven't.
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