Lucara Announces Appointment of Vice President, Mineral Resources
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July 2, 2024
NEWS RELEASE
LUCARA ANNOUNCES APPOINTMENT OF VICE PRESIDENT, MINERAL RESOURCES
VANCOUVER, July 2, 2024 /CNW/ (LUC – TSX, LUC – BSE, LUC – Nasdaq Stockholm)
Lucara Diamond Corp. (“Lucara” or the “Company”) is pleased to announce the appointment of Dr. Lauren Freeman
as Vice President, Mineral Resources, effective July 1, 2024.
Dr. Freeman is a specialist in large Type II diamonds and has over 25 years of experience in the mining industry,
with a strong background in mineral resource estimation, diamond value management, diamond pricing, geological
modelling, and strategic mine planning. She has held senior roles at several diamond mining and resource
consulting companies, where she led teams responsible for resource definition and underground expansion
projects. Dr. Freeman has a PhD in Economic Geology and a GDE in Mining Engineering, both from the University
of the Witwatersrand, South Africa, and is a registered Professional Natural Scientist with the South African Council
for Natural Scientific Professions.
William Lamb, President and CEO of Lucara, commented on the appointment: "We are delighted to welcome
Lauren to the Lucara team. Her extensive experience and technical expertise in mineral resource management will
be invaluable as we continue to optimize diamond recovery from our Karowe mine and develop our mine and ore
extraction plan for our underground project. Lauren's leadership will be crucial in maximising value from our
resource base, while supporting our long-term strategic objectives."
In her new role, Dr. Freeman will oversee all aspects of mineral resource management for Lucara's flagship Karowe
mine in Botswana and will contribute to the Company's overall development strategy.
On behalf of the Board,
William Lamb
President and Chief Executive Officer
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For further information, please contact:
Vancouver Hannah Reynish, Investor Relations & Communications
+1 604 674 0272| [email protected]
Sweden Robert Eriksson, Investor Relations & Public Relations
+46 701 112615 | [email protected]
UK Public Relations Charles Vivian / Jos Simson, Tavistock
+44 778 855 4035 | [email protected]
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ABOUT LUCARA
Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned
Karowe Diamond Mine in Botswana. The Karowe Mine has been in production since 2012 and is the focus of the
Company’s operations and development activities. Clara Diamond Solutions Limited Partnership (“Clara”), a wholly -
owned subsidiary of Lucara, has developed a secure, digital sales platform which ensures diamond provenance from
mine to finger. Lucara has an experienced board and management team with extensive diamond development and
operations expertise. Lucara and its sub sidiaries operate transparently and in accordance with international best
practices in the areas of sustainability, health and safety, environment, and community relations. Lucara has
adopted the IFC Performance Standards and the World Bank Group’s Enviro nmental, Health and Safety Guidelines
for Mining (2007). Accordingly, the development of the Karowe underground expansion project (“UGP”) adheres to
the Equator Principles. Lucara is committed to upholding high standards while striving to deliver long-term economic
benefits to Botswana and the communities in which the Company operates.
The information is information that Lucara is obliged to make public pursuant to the EU Market Abuse Regulation
and the Swedish Securities Markets Act. This information was submitted for publication, through the agency of the
contact person set out above, on July 2, 2024 at 4am Pacific Time.