Highlites according to doodledog;  Record recovery of 59 large...

Highlites  according  to  doodledog;

 Record recovery of 59 large Special diamonds (diamonds >10.8 carats in weight)
 Record diamond production of 3,164 carats
 Record diamond grade of 15 carats per 100 cubic metres
 Record processing volumes of 21,114 bulk cubic metres (bcm)

The record total recovery of 3,164 carats for the month. This included a record daily
recovery of 448 carats

   The average stone size for July was an exceptional 2.0 carats per stone, up from 1.3
   carats in the June half year.

More Special diamonds in one month than in the entire previous half year

Lucapa Chief Executive Stephen Wetherall said the record recoveries and grades
   for July were the result of the Company’s continued investment in new earth
   moving fleet and plant upgrades.
   “The new Caterpillar earth moving fleet that arrived on site in June 2016”.   
dd   Also  finish  of  the  wet  and  more  targeted,  zeroed  in  mining.

The parcel of 1,985 carats of diamonds achieved gross sale proceeds of A$2.4
million (US$1.8 million) representing an average price per carat of A$1,211 (US$905).

The diamonds sold were from production up to 8 July 2016. As at 31 July 2016,
SML held an unsold diamond inventory of 2,440 carats from the record July
production, including 50 Special diamonds weighing 1,057 carats.
dd So  from  the  last  sale  of  1,985  carats  to  the  8th  July,   we  now
have  more  than  that  sale  already  in  the safe  (2,440  carats)  nearly  
half  of  which  are  specials.

New zone of terrace gravels identified from ongoing alluvial exploration

The first core hole drilled at L259 intersected re-sedimented volcaniclastic
kimberlite (“SRVK”) material, or crater lake sediments, near surface.
  dd Seems  the  first  hole  drilled  was  the  centre  of  the  volcanic  
   crater  (ex  Lake ?) by  looking  at  the  gravity  and  EM  survey  
   overlaid  with  drill  sequence,  P11  AGM  Preso  26/5/2016

Mr Wetherall said the new XRT diamond recovery technology unit was expected
to be installed and operational at Lulo closer to the end of the current September
2016 Quarter.

3  days  into  August  and  a  report  on  July  Production.......looks  like  there
   might  be  intent  for  a  monthly  report  on  Diamond  production. Hope  so.