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Lonrho

Posted: Wed, 30 Apr 2008

[miningmx.com] -- LONRHO Mining has identified 217 magnetic anomalies at the Lulo concession in Angola and reckons 160 of those are likely to be kimberlite pipes.

"The diamond potential of this kimberlite cluster is very high given the activity of an estimated 6,000 artisanal diamond miners within the Cacuilo River terraces," Lonrho said.

"A drilling programme will commence this year on the 6 largest anomalies to confirm the presence of kimberlites," it said. "A bulk sampling programme will commence this quarter on the alluvials following completion of base camp construction."