Tuesday 1st October 2019

Botswana: Lucara Recovers a 4.13-carat Pink and a 9.74-carat Blue Diamond

[Vancouver, September, 26]  Lucara Diamond Corp. has announced the recovery of an "exceptional" blue, 9.74-carat gem-quality diamond and a 4.13-carat pink gem-quality diamond. The diamonds were unearthed from direct milling of South Lobe ore, from its 100% owned Karowe Diamond Mine located in Botswana, the same area that yielded the Lesedi La Rona.

This follows the recent sale of a 2.24-carat blue which sold for US$347,222 per carat and other historic colored diamonds that have been recovered from Karowe in the past, including the 9.46ct "Aven Blue" which sold for US$477,000 per carat in 2012.

Eira Thomas, Lucara's CEO commented: "Lucara is extremely pleased with the recovery of these rare, sizeable, fancy colored diamonds, which have the potential to contribute meaningful value to our regular production of large, high value type IIa diamonds. We look forward to offering these diamonds in our fourth quarter tender to be held in December 2019."

Image credit: Lucara Diamonds

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