Lucapa Diamond Company Limited together with Project Lulo partners, Endiama and Rosas & Petalas, advised that the results from the completed processing of bulk sample KBS/164/01 from Lulo kimberlite L164 have confirmed that it is a primary source hosting Special sized diamonds. Lulo kimberlite bulk sample KBS/164/01, totalling 2,200 in-situ m3 or 5,641 wet tonnes of kimberlite material, has returned a total of 41 diamonds weighing 66.05 carats, including two Special sized diamonds weighing 15.27 and 12.37 carats with 12 diamonds greater than one carat recovered. This yielded an average grade of 3.00 carats per one hundred cubic metres or 1.17 carats per one hundred tonnes and an average stone size of 1.61 carats.

The varying size frequency distributions and the differing diamond characteristics from the many alluvial diamond mining blocks continue to provide evidence that there are multiple primary sources contributing to the secondary alluvial resource on the Lulo concession. The methodical approach to the exploration program will continue with the processing of all the kimberlites on the priority list in order to ensure that all large stone bearing kimberlites are identified and taken to the next stage of evaluation. Kimberlite L164 is located south (upstream) of the Canguige Catchment area and was placed on the priority kimberlite bulk sample list due to its indicator mineral content.