Lucapa Diamond Company Limited announced the recovery of diamonds from the initial processing of the Lulo kimberlite L164 bulk sample through the stand-alone kimberlite bulk sample plant. Lulo kimberlite L164 bulk sample has yielded 20 diamonds weighing 15.51 carats from the initial processing of ~630m3 of broken kimberlite material, representing a preliminary grade of ~2.5 cphm3 (carats per one hundred m3). Five diamonds greater than 1 carat have been recovered so far from the ~3.5ha kimberlite ­ the stone weighing 1.95 carats.

The average size of the diamonds recovered so far is 0.78 carats/stone, a number of them classified as Type IIa by the Yehuda Colorimeter. While the processing of the kimberlite bulk sample is continuing, these initial diamond recoveries already represent the diamond count and carat weight of diamonds recovered from any kimberlite bulk sample processed at Lulo to date. The processing of the remainder of the ~3,200m3 broken kimberlite bulk sample is continuing and a full reconciliation of processed volumes back to in-situ volumes and tonnes will be undertaken when processing is complete.