July 23, 2008

Motapa provides phase 1 bulk sample results


by Sarah Wilsdon

Motapa Diamonds Inc., along with its partner Lucara Diamond Corp. has completed the Phase 1 of the bulk sample program yielding 1,296 diamonds weighing a total of 585.15 carats from 25,552 dry tonnes of kimberlite for an average grade of 2.29 carats per hundred tonnes (cpht).

An audit of diamond recovery tailings is underway using the existing continuous grease belt and an x-ray recovery system.

The results shows that recovered diamonds have a very coarse size distribution, reflected in a large average stone size and, in a high relative frequency of larger stones. Stone frequencies in the 5 to 10 carat size range are considerably higher than those of typical diamond production from other economic kimberlites, and are very similar to those in production parcels from the nearby Letseng diamond mine.

Motapa’s CEO, Dr. Larry Ott said, we are excited with the outcome of this first phase of sampling. The coarse diamond size distribution and positive value characteristics indicate that Mothae has significant economic potential. We need to test this potential by completing the bulk sample and recovering a 2,500 to 3,000 carat parcel for valuation work. At this early stage of sampling however, we view the results to be very encouraging.

William Lamb, General Manager for Lucara said, the results look very encouraging with the original objectives of determining the grade and potential diamond size distribution being achieved. The Mothae kimberlite definitely shows economic potential which will be of significant value to both mining companies as well as to the people of Lesotho. It is with these benefits in mind that we will continue to work on proving an economic resource at Mothae.

Story link: Motapa provides phase 1 bulk sample results



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