OREANDA-NEWS. Lucara is also pleased to announce the recent recovery of a 348 carat and a 255 carat stone. Both stones were recovered by the new XRT machines installed at the Karowe Mine. The quality of the stones will be assessed only once they have been cleaned.

William Lamb, President and CEO, commented, "We are happy with the results of this sale with the final figures being in line with expectations. We have noticed that in the current market, buyers have become more conservative when considering pricing for the more complicated stones, which includes the 336 carat stone sold in the current tender.

The recovery of the 348 carat diamond from the high value south lobe is the largest stone recovered from the Karowe mine to date. We are very pleased with the current operation of the newly installed XRT equipment and the continued recovery of our exceptional diamonds."

 Lucara Diamond Corp. is a high quality diamond producer from its 100% owned Karowe Mine in Botswana. The Company has an experienced board and management team with extensive diamond development and operations expertise. The Company also holds a 75% interest in the Mothae Project in Lesotho which has completed a trial mining program.