VANCOUVER, BC, July 2, 2024
/CNW/ - (TSX: LUC) (BSE: LUC) (Nasdaq Stockholm: LUC) Please
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Lucara Diamond Corp. ("Lucara" or the "Company") is pleased to
announce the appointment of Dr. Lauren Freeman as Vice President, Mineral
Resources, effective July 1, 2024.
Dr. Freeman is a specialist in large Type II
diamonds and has over 25 years of experience in the mining
industry, with a strong background in mineral resource estimation,
diamond value management, diamond pricing, geological modelling,
and strategic mine planning. She has held senior roles at several
diamond mining and resource consulting companies, where she led
teams responsible for resource definition and underground expansion
projects. Dr. Freeman has a PhD in Economic
Geology and a GDE in Mining Engineering, both from the University
of the Witwatersrand, South
Africa, and is a registered Professional Natural Scientist
with the South African Council for Natural Scientific
Professions.
William Lamb, President and CEO of Lucara, commented on the
appointment: "We are delighted to welcome Lauren to the Lucara
team. Her extensive experience and technical expertise in mineral
resource management will be invaluable as we continue to optimize
diamond recovery from our Karowe mine and develop our mine and ore
extraction plan for our underground project. Lauren's leadership
will be crucial in maximising value from our resource base, while
supporting our long-term strategic objectives."
In her new role, Dr. Freeman will oversee all aspects of mineral
resource management for Lucara's flagship Karowe mine in
Botswana and will contribute to
the Company's overall development strategy.
On behalf of the Board,
William Lamb
President and Chief Executive Officer
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ABOUT LUCARA
Lucara is a leading independent
producer of large exceptional quality Type IIa diamonds from its
100% owned Karowe Diamond Mine in Botswana. The Karowe Mine has been in
production since 2012 and is the focus of the Company's operations
and development activities. Clara Diamond Solutions Limited
Partnership ("Clara"), a wholly-owned subsidiary of Lucara, has
developed a secure, digital sales platform which ensures diamond
provenance from mine to finger. Lucara has an experienced
board and management team with extensive diamond development and
operations expertise. Lucara and its subsidiaries operate
transparently and in accordance with international best practices
in the areas of sustainability, health and safety, environment, and
community relations. Lucara has adopted the IFC Performance
Standards and the World Bank Group's Environmental, Health and
Safety Guidelines for Mining (2007). Accordingly, the
development of the Karowe underground expansion project ("UGP")
adheres to the Equator Principles. Lucara is committed to upholding
high standards while striving to deliver long-term economic
benefits to Botswana and the
communities in which the Company operates.
The information is information that Lucara is obliged to make
public pursuant to the EU Market Abuse Regulation and the Swedish
Securities Markets Act. This information was submitted for
publication, through the agency of the contact person set out
above, on July 2, 2024 at 4am Pacific Time.
SOURCE Lucara Diamond Corp.
