LOM 3.45% 6.0¢ lucapa diamond company limited

Taken from June 2014 quarterly report "This preliminary surface...

  1. 1,437 Posts.
    Taken from June 2014 quarterly report

    "This preliminary surface sampling program was assisted by a drilling program conducted at the Se251 kimberlite pipe in late 2013. That drilling program established the near-surface structure of the kimberlite and showed the pipe was largely covered by a blanket of fine grained sandy re-sedimented volcaniclastic kimberlite (SRVK). This unit was considered an unlikely source for the coarse alluvial diamonds and this view was confirmed by bulk sampling completed during the September 2013 quarter. During the Quarter under review, Lucapa excavated four bulk samples from the Se251 kimberlite for processing through the Company’s Dense Media Separation (DMS) diamond plant. The samples were excavated from relatively coarse grained pyroclastic kimberlite (PK) and coarser grained resedimented volcaniclastic kimberlite (RVK) identified in the southern and central parts of the pipe (Figure 3). Significantly, diamonds were recovered from all of the pits, with most of the stones recorded from the twinned pits, KMB_07 and KMB_09."

    My taking of todays ann is that the drill core equipment was struggling wth the fine sand sediment and thus not getting to the deeper PK we are targeting.

    As we seen at 251 the PK was still there only deeper.

    Like to hear ecats, bungy etc read on this?
 
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