Lucapa Diamond Company Limited (ASX: LOM) (“Lucapa” or “the Company”) presents its activities report and results for the Quarter ending 30 June 2020 (the “Quarter” or “Q2 20”).
Lucapa’s operational highlights for the Quarter include:
Delineation drilling at Lulo kimberlite L071 completed and bulk sampling commenced
Delineation drilling at Lulo kimberlite L072 commenced
SML commenced staged ramping of alluvial diamond production back to full capacity
15th +100 carat diamond recovered by SML
Lulo higher-grade alluvial deposit identified at Mining Block 06
Completion of two diamond sales by SML and Mothae, realising US$4.0m (A$6.1m) at an average of US$546 (A$833)/ carat
Successful rights issue completed by Lucapa raising A$5.2m (before costs)
SML’s operations were slowed very early in the Quarter to essential operations as a result of the COVID-19 pandemic, but due to the easing of certain restrictions during the Quarter, SML was able to bring production back to ~50% capacity in May 2020. SML has since commenced a staged ramp up back to full production capacity.
Kimberlite exploration at Lulo continued during the Quarter with delineation drilling at L071 being completed and commencing the planned bulk sampling campaign. The first kimberlite bulk sample was excavated towards the end of June, with processing planned for the third quarter.
Due to the COVID-19 restrictions impacting on the health & safety and movement of personnel as well as critical mine supplies, operations were suspended at the Mothae kimberlite mine in March 2020. Lucapa and Mothae have been investigating a number of options to re-start the Mothae mine. The Company will update the market on the conclusion of this workstream and looks forward to recommencing operations as pandemic and market constraints allow.
Link zum gesamten Activity Report
Für weitere Informationen besuchen Sie bitte die Unternehmens-Webseiten www.lucapa.com.au, oder wenden sich an:
Tel. +61-8-9381 5995
Im deutschsprachigen Raum:
73728 Esslingen am Neckar
Tel. +49-711-82 09 72 11
Fax +49-711-82 09 72 15
Source: Company websites