LUCARA DIAMOND CORP. LUCARA DIAMOND CORP. Q1 2015 Results Q1 2015 - - PowerPoint PPT Presentation

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LUCARA DIAMOND CORP. LUCARA DIAMOND CORP. Q1 2015 Results Q1 2015 - - PowerPoint PPT Presentation

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LUCARA DIAMOND CORP. LUCARA DIAMOND CORP. Q1 2015 Results Q1 2015 Results Cautionary Statement Cautionary Statement

slide-1
SLIDE 1

LUCARA DIAMOND CORP. LUCARA DIAMOND CORP.

Q1 2015 Results Q1 2015 Results

slide-2
SLIDE 2

Cautionary Statement Cautionary Statement

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slide-3
SLIDE 3

Lucara 2015 Guidance

Karowe

  • Forecast 2015 revenues of $230 - $240 million
  • Diamond sales of between 400,000 - 420,000 carats

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  • Operating costs of $33 - $36 per tonne processed
  • Capital expenditure of up to $20 million (plant optimization project)
  • Sustaining Capital of up to $8.5 million (including $3 million for mill relining machine)
  • Exploration budget of $7 - $8 million (including purchase of Bulk Sample Plant)

Mothae

  • Sale of 75% stake in Mothae to Paragon Diamonds for $8.5M announced in May

7

  • Sale conclusion pending Government of Lesotho approval

Exploration

  • Two prospecting licenses covering 5 known kimberlite occurrences awarded to

Lucara (Boteti)

slide-4
SLIDE 4

Capital Structure

  • Lucara is a public Company listed under the symbol “LUC”
  • TSX
  • NASDAQ OMX (Sweden)

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  • BSE (Botswana)
  • Issued share

379M

  • Fully diluted shares

381M

  • Debt

Nil

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  • Cash on hand US$ 87 million (Q1)
  • Regular dividend

CDN $0.04 per share

A61 A>C A AC9 1981 1987 1986 9D C9D 71D

slide-5
SLIDE 5

Focused on Southern Africa

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SLIDE 6

Geological Model 5

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SLIDE 7

Resource

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slide-8
SLIDE 8

Resource Performance

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slide-9
SLIDE 9

Karowe Operating Performance

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SLIDE 10

Sales Update

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slide-11
SLIDE 11

2014/15 Capital – Plant Optimization Project

Plant Modifications

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Capital Costs and Schedule

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– Up to 20 million to be spent in 2015

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– Construction activities are essentially complete with minor works being conducted around the

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– Construction activities are essentially complete with minor works being conducted around the tertiary crusher and the XRT audit machine – Commissioning of the X-ray Transmission (“XRT”) circuit has commenced with excellent results being recorded to date – Since the integration of the XRT machines to the process plant, the Company has recovered 19 (20-50 carats) stones, 3 (50-100 carats) stones and 4 (over 100 carats) stones. – Sustainable processing of south lobe material is expected to commence before the end of the second quarter

slide-12
SLIDE 12

2014/15 Capital – Plant Optimization Project

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SLIDE 13

Resource Replacement

Karowe Underground

  • Preliminary assessment
  • Opportunity to move Inferred
  • Opportunity to move Inferred

into Indicated below current Cut 2 Design

Prospecting Licenses

  • Boteti awarded 2 PL’s in mid-

Sept 2014

  • Both PL’s host known

87

  • Both PL’s host known

diamondiferous kimberlites

  • Block A (BK02)
  • Block E (AK11,12,13,14)
slide-14
SLIDE 14

Prospecting License : Block A – BK 02

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SLIDE 15

Prospecting License : Block E – AK 11,12,13,14

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slide-16
SLIDE 16

Management’s Focus

Lucara

  • Focus on the full integration of the new plant optimization

equipment and sustainably process more competent and higher

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equipment and sustainably process more competent and higher yielding ore

  • Develop resource extension programs for potential new and current

assets Karowe

  • Revenue guidance for 2015 - $230 – $240 million
  • Diamond Sales of 400,000 - 420,000 carats
  • Operating costs of US$33 - US$36 per tonne processed

83

  • Operating costs of US$33 - US$36 per tonne processed

Mothae

  • Finalize divestment of Mothae

Exploration

  • Construct and commission an on site bulk sample plant by the end of Q3

with processing of BK02 samples once permits are received

slide-17
SLIDE 17

Contact Information

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SLIDE 18

The Diamond Market

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slide-19
SLIDE 19

The Diamond Market 5=@".

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SLIDE 20

The Diamond Market #:!1

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SLIDE 21

The Diamond Market @"..

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slide-22
SLIDE 22

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