Perth-based ASX-listed Lucapa Diamond Company is exploring for diamonds within the Lulo Diamond Concession in Angola.
The Lulo Project covers an area of 3,000km2 and is located in the Cuango River Basin within Angola’s Lunda Norte Province. Lulo hosts a major kimberlite field identified within the concession and extensive diamond-bearing alluvials occurring along the Cacuilo and Lulo Rivers.
Lulo is located about 150km west of the world-class Catoca diamond mine operated by Russia’s Alrosa and on the same favourable geological structure (Lucapa Graben).