Agree ML, so stoked I bought another bunch last week 22c thought...

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Mojo Rising2

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11/01/18

11:04

Post #: 30220043
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Originally posted by ML173 ↑

Wow, they hit diamond even from a standard 90mm diameter drilled cores ?

They must hit the mothers load !. I'm back in for sure...

Highlights
• Near-surface lamproite intersected in drilling at the Little Spring Creek prospect at Lucapa’s 80% owned Brooking diamond project in the West Kimberley

• 119 diamonds, including 7 macro-diamonds of up to 1.0mm (Figure 1),recovered from microdiamond analysis of 86.8kg of core sample from the one hole drilled at Little Spring Creek

• Discovery of diamond-bearing lamproite validates results from previous surface sampling programs at Little Spring Creek, where 24 diamonds and highly-anomalous concentrations of lamproite indicator minerals were recovered

• Little Spring Creek located within 50km of the Ellendale diamond mine, which, when in production, produced more than 50% of the world’s annual supply of fancy yellow diamonds

• Follow-up drilling and bulk sampling programs planned as soon as access is available after the northern wet season

• Little Spring Creek results also enhance the prospectivity of the other proximal targets at Brooking where diamonds and indicator minerals were also recovered in previous surface sampling programs

Lucapa Managing Director Stephen Wetherall said he was delighted with such spectacular results from the Brooking drilling program.

“The main goal of our drilling program at Brooking was to identify lamproitic material, which could be the primary source of the diamonds and indicator minerals recovered from the earlier surface sampling programs.”

“The high concentrations of micro-diamonds and macro-diamonds recovered from the Little Spring Creek drill core sample is extremely encouraging and the counts are very similar to the MIDA results from the Ellendale E9 and E4 diamond pipes, 50km west in the West Kimberley lamproite field.”

“We now look forward to follow-up work programs at Little Spring Creek to identify the extent of the diamondiferous lamproite body and to further assess its diamond content when conditions permit.”

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Agree ML, so stoked I bought another bunch last week 22c thought price cheap and felt something brewing and good news flow expected but no insiders view just good picking - should sink in with investors a major re rate LOM considerably 25-30% nothing - these are exceptional early drill results having so many good diamonds in exploration drill hole. Cant wait for the follow-up holes.
accumulate below 30c at least IMO DYOR and investigations.

Last edited by Mojo Rising2: 11/01/18

LOM Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
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Agree ML, so stoked I bought another bunch last week 22c thought...

Dart on-target for high-grade structures and multiple reefs at VIC's Ruthworth

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iTech Minerals flags high-grade rockchip finds, boasting one sample at +18% copper. What lies underground remains to be seen

Arafura updates on total US$1B funding as export banks and lenders take notice; heading toward FID for Nolans

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Agree ML, so stoked I bought another bunch last week 22c thought...

Top Stories

Dart on-target for high-grade structures and multiple reefs at VIC's Ruthworth

EMVision Medical successfully fabs first prototype of First Responder brain scan device – portable enough for a backpack

Dalgaranga gold play's increase in MRE a 'pivotal moment' for Spartan

iTech Minerals flags high-grade rockchip finds, boasting one sample at +18% copper. What lies underground remains to be seen

Arafura updates on total US$1B funding as export banks and lenders take notice; heading toward FID for Nolans

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