The Brooking results to date are very good for LOM, the two...

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Cridz

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11/10/18

14:10

Post #: 36085871
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Originally posted by lollie ↑

Lom is getting on with the job at brooking ,Poz are in the dreamtime
Little Spring Creek trenching and bulk sampling program Trenching and bulk sampling at Little Spring Creek has commenced. This program involves trenching of the lamproitic body for geological mapping and to extract a ~100 tonne bulk sample of lamproite material. This bulk sample will be trucked to Perth to the Nagrom metallurgical and analytical laboratory, where it will be processed through a Dense Media Separation (“DMS” unit to produce a heavy mineral concentrate. This concentrate will then undergo diamond picking to recover commercial macro-diamonds to provide information on and assess the diamond population, value and grade.
Brooking drilling program Further to the ASX announcement of 28 August 2018, Lucapa has received Heritage clearances to commence drilling 10 of the new lamproite targets within the 118km2 Brooking project. Drilling is scheduled to commence shortly once the Program of Works is approved by the WA Department of Mines. The targets were defined following the completion of a helicopter-borne Time Domain Electromagnetic (“TDEM” survey flown over the Brooking project (Refer ASX announcements 9 July 2018 and 28 August 2018). The drilling targets include a ~7 hectare anomaly identified at Katie’s Bore, where 20 micro-diamonds and high levels of lamproite indicator minerals were recovered from previous stream sampling2 .

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The Brooking results to date are very good for LOM, the two projects are very different.
Once the LOM bulk sample is complete they will either find it is no good or have to do a larger bulk sample. If that is OK they will then have to apply for mining license, it is likely to be several years until a working mine.
POZ have already done trenching and are awaiting approval to commence bulk sampling/mining, if the bulk sampling comes out positive, I believe they can progress straight to mining.
Both projects look positive.

POZ Price at posting: 6.5¢ Sentiment: None Disclosure: Not Held
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The Brooking results to date are very good for LOM, the two...

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