June 27, 2016, News Release
Cash generation also continues with the sale of another parcel of Lulo diamonds for A$1.2 million.
Lucapa Diamond Company Limited (ASX: LOM) (“Lucapa” or “the Company”) and its partners are pleased to announce the commencement of a drilling program to test high-priority kimberlite targets at the Lulo Diamond Project in Angola.
The aim of the drilling program is to help identify the primary kimberlite source, or sources, of the large, high-value alluvial diamonds being recovered from Lulo, which include Angola’s biggest recorded diamond – a 404 carat Type IIa D-colour gem which sold for $22.5 million in February 2016 (See ASX announcements 15 February 2016 and 29 February 2016). See full article.