REG - Lucara Diamond Corp - LUC ANNOUNCES APPOINTMENT OF VP, MINERAL RESOURCES

Lucara DiamondAnnouncement

02/07/2024 17:00

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RNS Number : 8264U  Lucara Diamond Corp  02 July 2024

July 2, 2024

 

NEWS RELEASE

 

LUCARA ANNOUNCES APPOINTMENT OF VICE PRESIDENT, MINERAL RESOURCES

 

VANCOUVER, July 2, 2024 /CNW/ (LUC - TSX, LUC - BSE, LUC - Nasdaq Stockholm)

 

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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For further information, please contact:

 

 Vancouver            Hannah Reynish, Investor Relations & Communications
                      +1 604 674 0272| info@lucaradiamond.com (mailto:info@lucaradiamond.com)

 Sweden               Robert Eriksson, Investor Relations & Public Relations
                      +46 701 112615 | reriksson@rive6.ch (mailto:reriksson@rive6.ch)

 UK Public Relations  Charles Vivian / Jos Simson, Tavistock
                      +44 778 855 4035 | lucara@tavistock.co.uk (mailto:lucara@tavistock.co.uk)

 

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.

 

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