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LUCARA ANNOUNCES RECOVERY OF STUNNING 36.92 CARAT BLUE DIAMOND FROM THE KAROWE MINE IN BOTSWANA

LUCARA ANNOUNCES RECOVERY OF STUNNING 36.92 CARAT BLUE DIAMOND FROM THE KAROWE MINE IN BOTSWANA ...

articleLucara Diamond Corp.March 16, 20264/company/lucara-diamond-corp/news/lucara-announces-recovery-of-stunning-3692-carat-blue-diamond-from-the-karowe-mine-in-botswana
LUCARA ANNOUNCES RECOVERY OF STUNNING 36.92 CARAT BLUE DIAMOND FROM THE KAROWE MINE IN BOTSWANA

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[{"type":"text","content":"\n\n\nLUCARA ANNOUNCES RECOVERY OF STUNNING 36.92 CARAT BLUE DIAMOND FROM THE KAROWE MINE IN BOTSWANA\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nVANCOUVER, BC, March 16, 2026 /CNW/ - (TSX: LUC) (BSE: LUC) (Nasdaq FNGM: LUC)Lucara Diamond Corp. (\"Lucara\" or the \"Company\") is pleased to announce the recovery of a 36.92 carat blue diamond from its 100% owned Karowe Diamond Mine (\"Karowe\" or the \"Karowe Mine\") located in Botswana (image attached). The diamond is described as a blue Type IIB of high quality and was recovered through the X-ray Transmission machines at Karowe from ore sourced from stockpile material. In addition to this incredible blue diamond, five stones over 100 carats have been recovered year-to-date from the processing of stockpile material. PDF Version William Lamb, President and CEO of Lucara comments: \"Lucara is delighted to announce the recovery of this stunning blue, high-quality diamond from the Karowe Mine, which again reinforces the special nature of this asset. Recoveries such as this demonstrate the value contained within the Company's surface stockpiles, which remain an important source of mill feed and a contributor to ongoing diamond recoveries.\"This press release has been reviewed and approved by Dr. Lauren Freeman, Ph.D. Pr.Sci. Nat., Vice-President, Mineral Resources of the Company and a \"Qualified Person\" for the purposes of National Instrument 43-101.On behalf of the Board,William Lamb President and Chief Executive OfficerHigh quality 36.92 carat blue Type IIB diamond recovered from the Karowe Mine.Follow Lucara Diamond on Facebook, Instagram and LinkedInABOUT LUCARALucara 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. Karowe is transitioning from open pit to underground mining with the development of the Karowe Underground Project (the \"UGP\"). The UGP is designed to access the highe...

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