Lucapa Diamond Company Limited (ASX: LOM) (“Lucapa” or “the Company”) and its partners are pleased to announce the results of the latest sale of alluvial diamonds from the Lulo Diamond Project in Angola. The parcel of 1,862 carats of Lulo diamonds sold for gross proceeds of A$2.9 million (US$2.1 million), representing an average sale price of A$1,580 (US$1,150) per carat. Further large specials (diamonds weighing more than 10.8 carats) recovered from trial mining at the E46 alluvial terraces since this latest sale parcel include individual diamonds weighing 60 carats, 35 carats and 21 carats. 35 carat Type IIa D-colour from E46 and 13 carat fancy yellow from Mining Block 6 – recovered post last sale Diamond Mining Resumes at Mining Block 6 The end of the Angolan wet season has also enabled Lucapa and its partners to resume alluvial diamond mining operations at Mining Block 6 at Lulo, where initial special recoveries have included a 13 carat fancy yellow – one of the largest fancy-coloured gems recovered to date at Lulo.
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