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LUCARA FILES UPDATED FEASIBILITY STUDY FOR KAROWE UNDERGROUND PROJECT

Newswire.ca - Fri Jan 30, 4:00PM CST

VANCOUVER, BC, Jan. 30, 2026  /CNW/ - (TSX: LUC) (BSE: LUC) (Nasdaq First North: LUC)

Lucara Diamond Corp. ("Lucara" or the "Company") today reports the filing of an updated technical report (the "Report") for the updated Feasibility Study, prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects on its Karowe Underground Project ("UGP" or "Project") at the Karowe Diamond Mine located in Botswana. The Report is titled "Karowe Diamond Mine 2025 Feasibility Study Technical Report", with an effective date of September 30, 2025, and was prepared for Lucara by JDS Energy & Mining Inc. The Report can be found under the Company's profile on SEDAR+ at www.sedarplus.ca and on the Company's website at www.lucaradiamond.com. PDF Version 

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