VANCOUVER, BRITISH COLUMBIA--(March 6, 2017) -Lucara Diamond Corp. ("Lucara" or the "Company") (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX Stockholm:LUC), is pleased to announce the results of the second BK02 mini-bulk sample and provide an update on other exploration activities.

 

A total of 309.79 carats were recovered from the processing of 5,021 tonnes of BK02-2, for a sample grade of 6.2 cpht (carats per hundred tonne). The largest diamond recovered was a 4.56 white/grey octahedron. A total of 22 stones were recovered greater than 1 carat in weight, including 5 diamonds in excess of 2 carats in weight (inclusive of the 4.56 carat diamond). The sample was collected from the same location as the results announced on 13 June 2015, after a drill and blast sample was taken to deepen the sample pit, followed by excavation and trucking to the Karowe Mine where processing was conducted through a 15 tonne per hour Bulk Sample Dense Media and X-ray Recovery Plant.

 

Diamonds were exported to the Lucara Sales and Sorting office for final cleaning and sizing. The second phase sample results confirm the coarse size distribution of the BK02-1 sample.

World's largest new diamond mine achieves operational milestone

 

CALGARY and TORONTO, March 2, 2017 - Gahcho Kué, the world's largest new diamond mine in the last 13 years, officially began commercial productioni today (2 March 2017). The mine, a joint venture with The De Beers Group of Companies (51 per cent) and Mountain Province Diamonds (49 per cent), is expected to produce approximately 54 million carats of rough diamonds over its lifetime.ii

 

Production ramp up began on 1 August 2016 and the Official Opening Ceremony took place on 20 September 2016, with 200 guests in attendance from across Canada and around the world.

VANCOUVER, BRITISH COLUMBIA--(Feb. 8, 2017) -Tango Mining Limited ("Tango" or the "Company") (TSX VENTURE:TGV) is pleased to announce that African Mineral Recovery Solutions CC ("AMRS") has mobilized and commissioned mining and processing equipment, including a Bourevestnik X-ray sorter ("BVX") at the Oena Diamond Mine (the "Oena Project") located in the Northern Cape, South Africa. During test commissioning, AMRS recovered a total of 62.17 carats at an average value of US$3,780 per carat, including a stone of 36.34 carats.

 

Since Tango's acquisition of 51% of African Star Minerals (Pty) Limited ("ASM"), which owns 100% of the Oena Project, 254.2 carats have been recovered with an average value of US$1,881 per carat. Upon completion of a number of required operational items, including the implementation of a number of required management plans, including a Health and Safety Plan, Tango expects AMRS to commence bulk sampling in Q1 2017.

TORONTO and NEW YORK, Feb. 6, 2017 - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX and NASDAQ: MPVD) is pleased to announce the recovery of a 67.87 carat gem quality octahedron diamond during production ramp-up at the Gahcho Kue diamond mine. This is the largest gem quality diamond recovered to date at Gahcho Kué and can be viewed at the Company's website www.mountainprovince.com.

 

"The presence of large gem quality diamonds at Gahcho Kué was established during the bulk sampling when a 25.13 carat octahedron was recovered", noted Patrick Evans, Mountain Province President and CEO. "The recovery of a 67.87 carat gem quality diamond during production ramp-up is very encouraging."

 

Mr. Evans added: "Following some disruptions due to conveyor systems winterization issues, the production ramp-up at Gahcho Kué is once again progressing well and the mine is on track to achieve commercial production on schedule during the current quarter."