Botswana - Orapa Area F Concession, page-17

From last week's quarterly:

"Orapa Area F is located ~40km east of the prolific Orapa diamond mine in Botswana and within 4km of the BK02 kimberlite being bulk sampled by TSX-listed Lucara Diamond Corp."

As you can see from the below GE image, BK02 is indeed close to Lucapa's BK14 and BK38. In fact, based on historical data, BK02 and BK14, which I've shown as orange diamond placements, share around the same number of trace elements, and BK38 has a lower vale of trace elements.

Lucara exploration has recently updated the market on BK02, and as you can see, the pipe has been deemed uneconomic at this stage:

"BK02
A total of 17 drill holes totaling 1,990 metres were drilled during Q4 2016 and Q1 2017, with microdiamond sampling completed in Q2, 2017. In Q2 2017, an independent valuation of the combined diamond parcel was under taken in Antwerp. The observed average price per carat for the combined parcel of US$56.76 per carat combined with the recovered sample grade, preclude additional drilling and sampling of the BK02 kimberlite. Based on the valuation and grade information no further work is planned at this time."

It will be interesting to see how our results compare with BK02 later on in the year.