Lucara Announces Positive Preliminary Economic Assessment for Karowe Underground

November 5, 2017

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VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 2, 2017) – Lucara Diamond Corp. (“Lucara” or the “Company”) (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX Stockholm:LUC) is pleased to announce the results of a Preliminary Economic Assessment (“PEA”) prepared in accordance with National Instrument 43-101 (“NI43-101”) for the development of an underground mine to commence production, after the completion of the current open pit mine, at its Karowe Mine (“Karowe Mine”) in Botswana. All dollar amounts in this release are presented in US dollars unless otherwise stated.

Category: General