Perth, Western Australia, November 18, 2019 - Lucapa Diamond Company Limited (ASX: LOM, FSE: NHY, ISIN AU000000LOM6) („Lucapa“ or „the Company“) and the Government of the Kingdom of Lesotho (“GoL”) are pleased to report the recovery of two more +100 carat diamonds from the
Mothae kimberlite mine in Lesotho (Lucapa 70%; GoL 30%).
The 220 carat stone is the largest of the three +100 carat diamonds recovered to date from Mothae sincecommercial production commenced in January 2019.
The 220 carat and 127 carat diamonds were recovered from the treatment of recovery tailings. While the two diamonds are not of high-quality, they continue to underline the large-stone nature of the Mothae deposit.
Mothae continues to perform well in its first year of commercial production, with another monthly production record of 3,096 carats in the month of October.
220 carat low quality diamond recovered from the Mothae kimberlite
mine in Lesotho
Lucapa is a growing diamond company with high-value mines in Angola (Lulo) and Lesotho (Mothae).
Lucapa’s vision is to become a leading global producer of large and premium-quality diamonds from
alluvial and kimberlite sources.
Lulo and Mothae produce large and high-value diamonds, with >75% of revenues from both mines
generated from the recovery of +4.8 carat stones.
Lulo has produced 13 +100 carat diamonds to date and is one of the highest average US$ per carat alluvial
diamond producers in the world. Lucapa and its Lulo partners continue to advance their search for the
primary kimberlite sources of these exceptional alluvial gems through a systematic exploration program.
The new 1.1 Mtpa Mothae kimberlite mine in diamond-rich Lesotho commenced commercial diamond
mining operations in January 2019 and has already recovered 10 +50 carat diamonds under Lucapa’s
Lucapa’s Board and management team have decades of diamond industry experience across the globe
with companies including De Beers and Gem Diamonds.
No New Information
To the extent that announcement contains references to prior exploration results and Mineral Resource
estimates, which have been cross referenced to previous market announcements made by the Company,
unless explicitly stated, no new information is contained. The Company confirms that it is not aware of
any new information or data that materially affects the information included in the relevant market
announcements and, in the case of estimates of Mineral Resources, that all material assumptions and
technical parameters underpinning the estimates in the relevant market announcement continue to apply
and have not materially changed.
Forward Looking Statements
This announcement has been prepared by the Company. This document contains background information
about the Company and its related entities current at the date of this announcement. This is in summary
form and does not purport to be all inclusive or complete. Recipients should conduct their own
investigations and perform their own analysis in order to satisfy themselves as to the accuracy and
completeness of the information, statements and opinions contained in this announcement.
This announcement is for information purposes only. Neither this document nor the information contained
in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of
shares in any jurisdiction.
This announcement may not be distributed in any jurisdiction except in accordance with the legal
requirements applicable in such jurisdiction. Recipients should inform themselves of the restrictions that
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This document does not constitute investment advice and has been prepared without taking into account
the recipient’s investment objectives, financial circumstances or particular needs and the opinions and
recommendations in this representation are not intended to represent recommendations of particular
investments to particular persons.
Recipients should seek professional advice when deciding if an investment is appropriate. All securities
transactions involve risks, which include (among others) the risk of adverse or unanticipated market,
financial or political developments.
No responsibility for any errors or omissions from this document arising out of negligence or otherwise is
accepted. This document does include forward-looking statements. Forward-looking statements are only
predictions and are subject to risks, uncertainties and assumptions which are outside the control of the
Actual values, results, outcomes or events may be materially different to those expressed or implied in
this announcement. Given these uncertainties, recipients are cautioned not to place reliance on forwardlooking statements. Any forward-looking statements in this announcement speak only at the date of issue
of this announcement. Subject to any continuing obligations under applicable law and ASX Listing Rules,
the Company does not undertake any obligation to update or revise any information.
Für weitere Informationen besuchen Sie bitte die Unternehmens-Webseiten www.lucapa.com.au, oder wenden sich an:
Tel. +61-8-9381 5995
Im deutschsprachigen Raum:
73728 Esslingen am Neckar
Tel. +49-711-82 09 72 11
Fax +49-711-82 09 72 15
Source: Company websites