| Lulo Project |
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Lulo |
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Country |
Angola
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Province |
Lunda norte |
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Status |
BROWN EXPLORATION
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Surface |
3,000 km² / 741,300 acres |
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Legends
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| Risk and valuation analysis of the Lulo Project |
| Status Risk : Brown exploration |
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| Title(s) of the Lulo Project |
 | ENDIAMA (Empresa Nacional de Diamantes de Angola)
Joint venture: 61% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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 | Lonrho Mining Limited
Joint venture: 39% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Joint Venture with Endiama, the National Diamond company of Angola & exclusive concessionary for diamond mining rights. On all kimberlite deposits the Company’s participating interest will initially be 39% of the joint venture which will decrease to 30% after recoupment of its investment in the Project. On all alluvial deposits the Company’s participating interest will be 40% in the joint venture. |
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| Location of the Lulo Project |
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The Lulo Diamond Concession is located in the Cuango River catchment area within the Lunda Norte Province of northeastern Angola.
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| Geology of the Lulo Project |
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Alluvial & kimberlite diamond exploration prospect
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| Discoveries and Drilling Results | |
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Data last updated on : 12/31/2006
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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