LOM 0.00% 1.8¢ lucapa diamond company limited

Lonrho Mining has completed a 1,000km2 airborne magnetic and...

  1. 195 Posts.
    Lonrho Mining has completed a 1,000km2 airborne magnetic and radiometric
    survey over 1,000km² target area for the Lulo Diamond Concession with
    exceptionally encouraging results
    • Interpretation by Lonrho Mining’s independent geophysical consultant has
    identified 217 magnetic anomalies of which an estimated 160 are likely to be
    kimberlite pipes
    • The diamond potential of this kimberlite cluster is very high given the activity of
    an estimated 6,000 artisanal diamond miners within the Cacuilo River terraces
    • A drilling programme will commence this year on the 6 largest anomalies to
    confirm the presence of kimberlites
    • A bulk sampling programme will commence this quarter on the alluvials following
    completion of base camp construction


    Great News!!!!
 
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