Lucapa Diamond Company: Advancing High-Value Diamond Exploration and Mining

Lucapa Diamond Company Limited (ASX: LOM) is an ASX-listed diamond mining and exploration company with operations in Angola and Australia. The company holds a 40% interest in the Lulo Diamond Mine in Angola, renowned for producing high-value alluvial diamonds. Lucapa is also engaged in exploring primary kimberlite sources through a joint venture with Endiama (51%) and Rosas & Petalas (10%).

In Australia, Lucapa owns the Merlin Diamond Project in the Northern Territory, acquired in 2021. Recent geophysical surveys over the Merlin tenements identified two large base metal targets and an additional 16 kimberlite targets, enhancing the site’s exploration potential. The company is planning follow-up geophysics, soil sampling, and geological mapping before drilling.

Led by an experienced management team, Lucapa is committed to advancing its mining and exploration projects while leveraging its expertise across the diamond value chain. The company’s strategic initiatives aim to enhance shareholder value and expand its global diamond operations.

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