LL

Lipari Mining Ltd

LML.NE
NEMaterials
$0.07
USD
+0.00(0.00%)
At close: May 19, 00:00 UTC
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Market Cap

$2.17M

EPS

0.04

About

Lipari Mining Ltd. is a Canadian diamond company operate the Braúna diamond mine in Brazil, and are developing advanced-staged Tchitengo diamond property in Angola. The firm has operations at the Brauna diamond mine in Brazil, which has produced over 1.2M carats. The company is also advancing the highly prospective Tchitengo Diamond Project in Angola. The company holds a 75% indirect equity interest in the Tchitengo Project. The Tchitengo Project consists of a concession covering an area of approximately 1,022 square kilometers (km2) in the Lunda province of northeastern Angola. The project is located midway between the producing Catoca and Camatchia diamond mines. The Tchitengo concession produces approximately 80,000 carats of diamonds per year. The Brauna Mine consists of four adjoining mineral licenses covering approximately 5,560 hectares, located in the Municipality of Nordestina, State of Bahia, Brazil. The Brauna licenses encompass 23 kimberlite pipe and dyke occurrences. Its other mineral properties include the Jaibaras Project, located in Para, Brazil, and the Band Ore Project in Ontario, Canada.

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