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Lucara Recovers a 327 Carat Diamond From Karowe

Exceptional stone tender scheduled for June 2018

Lucara Diamond Corp. is very pleased to announce the recovery of a 327 carat, top white gem diamond (picture attached), from its 100% owned Karowe Diamond Mine located in Botswana. Eight diamonds greater than 100 carats have now been recovered at Karowe since the beginning of the year, including the 472 carat diamond announced earlier this month (see press release of April 12, 2018).

Lucara also wishes to announce its intention to hold an Exceptional Stone Tender (EST) in June 2018 that will include for sale the 327 and the 472 carat diamonds, alongside other qualifying diamonds that have been recovered since the start of the year. Viewings will be held in Gaborone, Botswana between June 10 and June 19 with the tender scheduled to close at 4 pm CET on June 19, 2018.