Lucapa Diamond Company Limited: discovery of a 404-carat record diamonds on Lulo, Angola DGAP-News: Lucapa Diamond Company Limited / Key word (s): Development of Sales / Sales Result Lucapa Diamond Company Limited: discovery of a 404-carat record diamonds on Lulo, Angola
2016 discovery of a 404-carat record diamonds on Lulo, Angola Key Points - Spectacular 404-carat gemstone from Lulo is the largest documented diamond ever found in Angola. - The 404-carat Lulo Diamond was a first-class type IIa D -colour . schmuckstein confirmed - the 404-carat diamond was during mining of alluvial found on gravel mining block 8 - on the priority kimberlitic structure L259.Photo: 404.2-carat type IIa D color gemstone found in alluvial gravels on Mining block 8 in Lulo - the largest recorded diamond ever found in Angola. See original English press release on http://www.lucapa.com.au/announcements Lucapa Diamond Company Limited (SIN: A0M6U8 / ASX: LOM) ( "Lucapa" or the "Company"), Endiama EP ( "Endiama"), Angolan state diamond company and the private local partners Rosas & Petalas give the Fund a spectacular 404.2-carat diamonds on the diamond project Lulo ( "Lulo") in Angola Lunda Norte Province bekant. measurements with a Yehuda diamonds colorimeter have confirmed that the 404 , 2-carat diamond is a type IIa D-color is Gem. the 404.2-carat gemstone from Lulo is: - the largest recorded diamond ever found in Angola - . one of the four leading diamond producing countries in the world - the 27igst largest recorded diamond in the world 1). - the largest diamond found by an Australian company. - the fourth diamond with over 100 carats, the hitherto found on Lulo was. - the 114th large special diamond (> 10.8 carat ) the hitherto on Lulo was found. 1) source: WikipediaPhoto: 404.2-carat type IIa D-color gem of Lulo. See original English press release on http://www.lucapa.com.au/announcements. The 404.2-carat diamond was found during mining of alluvial gravel in Lulo on mining block 8, which is already more than 60 large special diamond mining since the beginning has come in this area in August, 2015. The previous record as the largest diamond of Lulo held a diamond with 133.4 carats. The Lulo project is a partnership with Endiama and Rosas & Ptalas. Lucapa is the operator of the Lulo project and has a 40prozentige participation in the alluvial diamond mining operations. Endiama has a 32prozentige participation during Rosas & Petalas own 28 percent. The alluvial diamond mining on Lulo began in 2015 after receipt of the mining license in November 2014. Lulo is 150 km away from the operated by Alrosa mine Catoca, which is the fourth largest diamond mine in the world and is responsible for about 75 percent of Angola's annual diamond production. The previous record for Angola's largest diamond was holding a diamond known as "Angolan Star" - a 217.4-carat gemstone which was found in the mine Luarica of 2007. Endiamas Chairman Eng.Antonio Carlos Sumbula said that the discovery of the 404.2-carat diamond represents another milestone in the growth and development of the Angolan diamond mining industry. "We are delighted that we have discovered the largest diamond ever found in Angola. This is an important day for our country, our diamond industry and the diamond project Lulo "said Carlos Sumbula. the diamond field Lulo is an example of what we want to present to the world, to encourage international investment in Angola's diamond industry," added the chairman of Endiama . Chief Executive of Lucapa Diamond Company Ltd., Stephen Wetherall said that Lucapa and Lulo partner Endiama and Rosas & Petalas are very proud to have an exceptional world-class diamonds found such. "We always have the very special kind diamond field Lulo highlighted and this Fund, together with the other 100-carat diamonds that have been found this year alone, is further proof.and while we continue to win these extraordinary gemstones on Lulo from mining block 6 and 8, put we our systematic exploration program continued to find the Kimberlitquelle these diamonds. " Rosas & Petalas Chairman Dr. Celso Rosas said that he was proud of the great results reached at Lulo since reduction beginning in 2015.
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