Sharenet Sites 
Sharenet Sites
Lace Mine update
DiamondCorp plc
AIM share code: DCP & JSE share code: DMC
ISIN: GB00B183ZC46
(Incorporated in England and Wales)
(Registration number 05400982)
(SA company registration number 2007/031444/10)
("DiamondCorp" or "the Company")
LACE MINE RAMP UP COMMENCES FROM UK4 BLOCK
DiamondCorp, the Southern African diamond mining, development and exploration company,
is pleased to report that production ramp up has commenced from the Upper K4 Block (“UK4”)
at the Lace mine, in the Free State Province of South Africa.
The first UK4 production is coming from the 310m level, where the slot is being opened up to
the drive vertically above it on the 290m level. Once the slot is mined by the end of Q1 2016
and all trough tunnels completed during Q2 2016, longhole ring blasting for production troughs
will commence.
UK4 production from January 2016 to the end of March 2016 is scheduled to average 4,000
tonnes per month: April to June 2016, an average of 15,000 tonnes per month, then full
production of 30,000 tonnes per month from July 2016 onwards.
DiamondCorp Chief Executive Officer, Paul Loudon, said: “Today is an historic day for the Lace
mine as it marks the start of the ramp up towards commercial production from underground at
Lace for the first time since October 1930. Production to date has come from access
development and tailings retreatment; from now on production will be dominated by mining
development, stoping and block caving.”
Contact details:
DiamondCorp plc
Paul Loudon, Chief Executive
Tel: +27 56 216 1300
Euan Worthington, Chairman
Tel: +44 7753 862 097
UK Broker & Nomad
Panmure Gordon (UK) Limited
Dominic Morley/Adam James
Tel: +44 20 7886 2500
JSE Designated Advisor
Sasfin Capital (a division of Sasfin Bank Limited)
Megan Young
Tel: +27 11 445 8068
SA Corporate Advisor
Qinisele Resources Proprietary Limited
Dennis Tucker/Andrew Brady
Tel: +27 11 883 6358
Johannesburg
17 December 2015
Date: 17/12/2015 07:22:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
