Lucapa finds diamonds 50km from Ellendale

SHARES in Lucapa Diamond Co have spiked after the company reported discovery of diamond-bearing lamproite 50km from the formerly operating Ellendale diamond mine in Western Australia.

Lucapa finds diamonds 50km from Ellendale Lucapa finds diamonds 50km from Ellendale Lucapa finds diamonds 50km from Ellendale Lucapa finds diamonds 50km from Ellendale Lucapa finds diamonds 50km from Ellendale

The find at Little Spring Creek in the western Kimberley region comprised 119 diamonds (including seven macro diamonds up to 1mm dimension), found from micro diamond analysis of 86.8kg of core sample from the one hole.

Lucapa is planning follow-up drilling and bulk sampling programs planned as soon as access is available after the northern wet season.

"Little Spring Creek results also enhance the prospectivity of the other proximal targets at Brooking where diamonds and indicator minerals were also recovered in previous surface sampling programs," the company said.

Little Spring Creek is part of the 118sq.km Brooking project.

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