Lucara recovers more exceptionally rare blue diamonds

Tuesday, Jan 08, 2013

Lucara Diamond Corp. (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX First North:LUC) is pleased to report the recovery of an additional two rare blue diamonds from its Karowe Mine in Botswana.

The larger of the two diamonds recovered has a weight of 4.77 carats with the smaller diamond weighing 0.2 carats. Options for the sale of the stones are currently being investigated. Lucara recently sold a 9.46 carat blue diamond recovered from the Karowe Mine for $4.515 million.

Mr. William Lamb, CEO of Lucara noted, "The recovery of the 4.77 carat blue diamond brings the total number of blue diamonds recovered in the past few months to four. The re-occurring recovery of these exceptionally rare and sought-after stones is highly significant and confirms the quality of the diamonds produced from the Karowe Mine."

Source: Marketwire