LOM 2.99% 6.9¢ lucapa diamond company limited

Ann: Another A$9.6 Million from Lulo Diamond Sales, page-17

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    The News We are all waiting on is nearly upon us Lommers
    Lucapa expects to have the final results, interpretation and interim modelling of this EM survey within days and will update the market as soon as the Company is able to do so.
    Those ducks are queuing up !

    Kimberlite Exploration Update In line with previous guidance, the ground-based electromagnetic (EM) survey conducted at the high-priority L259 kimberlite at Lulo has been completed. Lucapa expects to have the final results, interpretation and interim modelling of this EM survey within days and will update the market as soon as the Company is able to do so. The EM survey was undertaken to assist Lucapa’s geological team in understanding the subsurface geology of the 110 hectare kimberlitic signature defined at L259 by the recently-completed gravity survey.
    As noted in the ASX announcement of 1 February 2016, the large, well-defined kimberlitic signature at L259 identified by the gravity survey is directly beneath Mining Block 8 at Lulo, which has already produced more than 60 large special diamonds since mining commenced in this area in August 2015
 
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