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Jun 08, 2010 - 17:43 PM ET

Lucara Corporate Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 8, 2010) - Lucara Diamond Corp. ("Lucara" or the "Company") (TSX VENTURE:LUC) reports that it has granted 200,000 incentive stock options to a director of the Company. The options are exercisable over a period of three years at a price of $0.83 per share and are subject to vesting provisions, and a hold period expiring October 9, 2010.

On Behalf of the Board,

William Lamb, President and COO




Lucara Diamond Corp.
Sophia Shane
Corporate Development
(604) 689-7842
(604) 689-4250 (FAX)
lucara@namdo.com
www.lucaradiamond.com