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Lucapa Diamond Company Ltd.
Summary
| Project: | Mothae | |
|---|---|---|
| Deposit: | Mothae | |
| Location: | Lesotho | |
| Commodities: | Diamonds | |
| Date: | 10/23/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-10-2017: Lucapa Diamond Company Ltd. announces a Resource Estimation report for its Mothae deposit at the Mothae project. JORC Mineral Resource Statement and Competent Persons Report. The MSA Group (Pty) Ltd (“MSA”) has been commissioned by Lucapa Diam | |
| Resources: | (Resource, I+I): 38.96Mt @ 2.7cpht at project | |
| CP/QP: | [Resources]: Friedrich Johannes Reichhardt, Johannes Ferreira (MSA Group) | |
| ABSTRACT: | The MSA Group (Pty) Ltd (“MSA”) has been commissioned by Lucapa Diamond Company Limited (“Lucapa”) to provide an updated Independent Technical Report (“the Report”) on its’ Mothae Diamond Project located in the highlands of Lesotho. This Report includes additional information on Lucapa’s planned mining and processing activities and replaces the CPR compiled by MSA for Lucapa in March 2017 for release on the Australian Securities Exchange (“ASX”). The Mothae Diamond Project comprises a single Mining Lease covering an area of 20.52 km 2 in which Lucapa holds a 70% interest. The Report may be used by Lucapa for public or private fundraising for the continued evaluation and development of the Mothae Project. The Diamond Resource in this Report was first reported in February 2013 by MSA in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) and Guidelines for Reporting of Diamond Exploration Results (CIM, 2010) and was published by Lucara Diamond Corporation (“Lucara”) in a report titled “NI 43-101 Technical Report and Mineral Resource Estimate for the Mothae Diamond Project, Lesotho”. There being no new technical information pertinent to the Diamond Resource estimate, this Report presents the same Diamond Resource stated in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the “JORC Code”), 2012 Edition. | |
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