Lucapa uncovers more potential for fancy diamonds from Lulo project

By Marleny Arnoldi      / February 21, 2020 / www.miningweekly.com / Article Link

ASX-listed Lucapa Diamond Company says further analysis of diamonds recovered at its Lulo project, in Angola, has confirmed the presence of rare Type IIa gems and light fancy yellow diamonds.

This follows after the company earlier this week announced the recovery of 45 diamonds weighing 30.3 ct from a stream bulk sample that was taken from the Canguige tributary draining into the Cacuilo river valley.

Advertisement

This location is where Lucapa, together with its partners Empresa Nacional de Diamantes and Rosas & Petalas, are recovering some of the world’s most valuable alluvial diamonds.

“In addition to hosting a good white population – including top D-colour stones – follow-up analysis on a Yehuda colorimeter post acidising or deep boiling of the Canguige tributary diamonds has confirmed the presence of rare Type IIa gems, along with a light fancy yellow diamonds,” noted Lucapa MD Stephen Wetherall.

Advertisement

The Project Lulo partners will send the diamonds to Antwerp for more detailed analysis with specialised equipment.

The company previously said drilling had started to test five pipes in the Canguige catchment rated in a technical review as being among the most prospective to host diamonds within the Lulo kimberlite field.

Two priority anomalies in the Canguige catchment will also be drilled to confirm the presence of kimberlite.

Recent News

Another 'Bubble Check' for the gold sector

September 08, 2025 / www.canadianminingreport.com

Gold stocks continue to hit new highs

September 08, 2025 / www.canadianminingreport.com

Some mining stocks exposed to Burkina Faso take major hit

September 02, 2025 / www.canadianminingreport.com

Gold stocks again hit new highs

September 02, 2025 / www.canadianminingreport.com

Gold stocks reach new highs on metal price gain

August 25, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok