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Lucapa Boosts Diamond Output and Unveils Promising Merlin Base Metals Targets

7:03pm on Monday 2nd of June, 2025 AEST Mining
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Lucapa Boosts Diamond Output and Unveils Promising Merlin Base Metals Targets

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • 5% increase in carats recovered at Lulo in Q4 2024
  • 43% surge in large diamond recoveries over 10.8 carats
  • Merlin project exploration identifies two significant base metals targets
  • A$2.67 million capital raise launched to fund Merlin exploration and working capital
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