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Lucara Awarded Two Prospecting Licenses Near Karowe Mine

Sep 16, 2014 4:41 AM   By Deena Taylor
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RAPAPORT... Botswana's Ministry of Minerals, Energy and Water Resources granted Lucara Diamond Corp. two prospecting licenses near the Orapa kimberlite field. Both prospecting licenses are in close proximity to the Karowe diamond mine and host known diamondiferous kimberlites.

"Lucara is extremely pleased to be granted these licenses and looks forward to working toward expanding our resource base," said William Lamb, the CEO of Lucara.

One license, block A, or the BK2 license, is located 30 kilometers to the east of Lucara's Karowe mine and has a surface area of 5.9 acres. 

The other, block E, is located immediately to the south and east of Debswana's Orapa mine and 15 kilometers to the north of Karowe. The prospecting license holds four known kimberlites, namely AK11, 12, 13, and 14.

The company plans to begin work on both license areas as soon as all permits and approvals are in place.
Tags: Botswana, Deena Taylor, diamond, diamonds, Karowe, Lucara Diamond Corp., Orapa
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