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LUCARA ANNOUNCES RECOVERY OF FOURTH DIAMOND IN EXCESS OF 1,000 CARATS FROM THE KAROWE MINE IN BOTSWANA, A 1,080 CARAT TYPE IIA WHITE GEM QUALITY DIAMOND FROM THE SOUTH LOBE

Newswire.ca - Tue Aug 8, 2023

 VANCOUVER, BC, Aug. 8, 2023 /CNW/ - (TSX: LUC), (BSE: LUC), (Nasdaq Stockholm: LUC)

Lucara Diamond Corp. ("Lucara" or the "Company") is pleased to announce the recovery of a 1,080.1 carat diamond from its 100% owned Karowe Diamond Mine located in Botswana (image attached). The diamond, measuring 82.2 x 42.8 x 34.2mm is described as a Type IIa top white gem of high quality, recovered in the Coarse XRT unit at Karowe from direct milling of ore sourced from the M/PK(S) unit of the South Lobe. The 1,080.1 carat diamond represents the fourth +1,000 carat diamond recovered from the South Lobe of the AK6 kimberlite since 2015. Other notable recoveries include the 1,758 carat Sewelô (2019), a 1,174 carat diamond (2021), and the 1,109 carat Lesedi La Rona (2015). Please view PDF version.

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