Lucara Diamond Corp Vancouver has recovered a rare 9.46-ct Type II blue diamond from its wholly owned Karowe mine. The diamond is the first of its kind to be identified at Karowe.
Diamond production at Karowe is to be 270,000 ct in 2012 and
approximately 400,000 ct/y thereafter. The mine has a life of at least
15 years based on a probable reserve from surface to a depth of 324
metres of 36.2 million tonnes containing 6.3 million ct. As much as 10%
of the gems are Type IIa diamonds. The mine also as an indicated
resource to 400 metres of 51 million tonnes containing 8.2 million ct
and an inferred resource from 400 to 750 metres of 21 million tonnes
containing 4.0 million ct.
William Lamb, Lucara's president and CEO said, "The recovery of such a
rare stone is of great importance to the Karowe asset. We had
previously identified a population of Type II diamonds at Karowe and the
recovery of this rare blue diamond confirms the quality distribution of
the diamonds being mined at Karowe."