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LUANGUE

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LUANGUE
Classification: Active/Verified
Status: Exploration
Type of Work: Surface
Location: Angola
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Property News

September 23, 2008
Reported that to date a total of 1,700 metres have been drilled in 12 narrow diameter holes on eight anomalies, resulting in the discovery of four new kimberlites: L60, L65, L76 and L87. We have also confirmed that one kimberlite drilled previously, L67, is significantly larger than was previously thought with its size now estimated to be 234 hectares. Highlights of the drilling programme to date are three holes into anomaly L87 in the north-west corner of the concession. The L87 anomaly is 228 hectares in size, representing an elongate body that appears to be made up of three lobes. Three narrow diameter drill holes positioned to test each lobe of the body have all intersected RVK, with the best intersection to date occurring in BH L87-2 where RVK has been intersected from 56 metres to 150 metres below surface.
July 23, 2008
Kimberlites have been drill intersected at L60.
July 23, 2008
Petra Diamonds announced promising developments with regards to the company's exploration activities in Angola and Botswana.
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