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Lucapa unearthing another big diamond in Lesotho
$ LCPDF
The Australian Lucapa Diamond (ASX: LOM, OTCMKT: LCPDF)) found a yellow diamond of 89 carats in his Mothae mine, in Lesotho, at 70% The general manager of the company, Stephen Wetherall, said that the recovery of such a big diamond so early in the bulk sampling program was further evidence that just like the Nearby mine of Letšeng, Mothae is another source of big diamonds
Lucapa think that the recovery of such a gemstone at the beginning of the bulk sampling program proves that Mothae is a source of large diamonds
"Having recently recovered a 25 carat yellow diamond neck area in our bulk sampling program, we are extremely encouraged that this 89 carat diamond was recovered in the South Zone -est, a zone of the pipe kimberlite of Mothae where historical trials have been very limited, "Mr. Wetherall said in the release
that the ongoing bulk sampling program, Lucapa said, is designed to expand and improve the current resource Mothae by dealing with areas of the kimberlite either not included in the resource or where the company believes
He also noted that the construction of a new commercial diamond mill of 150 tons at the hour continues as planned for the commissioning in 2-H of Y 2018
Lucapa had a good year. In March, the company sold $ 1.7 million from its prolific Lulo mine in Angola, which recently delivered a 46-carat pink stone, the largest gemstone ever recovered in the country.
The Mothae The project is located within 5 km of the Letšeng Gem Diamonds Mine (LON: GEMD), the largest kimberlite diamond operation in the world, which yielded a 910 carat stone in January. It was the 5th largest gem quality diamond ever found.
Stay on the lookout …
Australia, diamond, gemstone, large, LCPDF, Lucapa, mine, quality, rock, stone
Paul A. Ebeling, polymath, excels in various fields of knowledge. An badyst in model recognition in stocks, commodities and foreign currencies and author of the "Roadmaster Red Technical Report" on the Major Market Indices ™, a popular weekly letter on the financial markets, he is also a philosopher. subjects to a suite of more than 250,000 cohorts. An international public of opinion makers, business leaders and global organizations recognizes Ebeling as an expert.
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