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Lucapa Diamond and its partners, Empresa Nacional de Diamantes E.P. and Rosas & Petalas have discovered a new alluvial source of large, high quality diamonds on the Lulo Diamond Project in Angola.
To date, diamonds from Lulo – the world's highest dollar production per carat – are from terraced fields along the Cacuilo River Valley.
Lulo's partners have recently begun to explore the vast floodplains along the stretch of about 50 km of the Cacuilo River Valley in the Lulo diamond concession to determine if these areas also harbor exceptional alluvial diamonds.
Positive results obtained in the first of these floodplain areas tested – adjacent to mine block 31 – where regular special operations were recovered, show the possibility of opening additional new and expanded mining areas at Lulo.
Exploration results include:
- 17 special, including an exceptional white white D
- A total of 1,502 carats recovered to date from 11,155 cubic meters of processed bulk, reaching a diamond content of 13.5 carats per 100 cubic meters
Based on the results of the floodplains adjacent to Mine Block 31, Lucapa and its partners will continue to test other floodplain areas in Lulo, along with alluvial mining activities in well-established areas.
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