Lucara Diamond Corp. has announced the dates of its second exceptional stone tender of 2015 with the viewing of the stones expected to take place in Gaborone from November 2 through November 11, 2015 with the tender closing at 4.00 p.m. CAT.
According to the company, the tender will feature up to twelve diamonds including the recently recovered 336 carat Type IIa diamond as well as an 8 carat fancy pink diamond.
William Lamb, President and CEO, commented said Karowe Mine continues to deliver as expected allowing us to have a second exceptional stone tender in 2015.
“The increase in bottom cut-off value to $1.0 million for qualifying diamonds for the exceptional stone tenders has resulted in less stones being available for these tenders but has increased the value for Lucara by allowing us to offer higher quality at our regular tenders. The recovery of coloured stones from the south lobe is very encouraging as no coloured stones have previously been identified from this lobe,” Lamb said.
Lucara Diamond Corp. is a high quality diamond producer from its 100% owned Karowe Mine in Botswana. The Company has an experienced board and management team with extensive diamond development and operations expertise. The Company also holds a 75% interest in the Mothae Project in Lesotho which has completed a trial mining program.