Gibb River Diamonds discovers Gold!

 

Neta Lodes Gold Prospect commenced! 

Gibb River Diamonds announces that metallurgical testing of the recently discovered Neta Lodes Gold Prospect has commenced. The Neta Lodes Prospect is a part of the Edjudina Gold Project in Western Australia. This work is being undertaken by the Perth based Nagrom laboratory that is an industry recognised specialist in gold metallurgical assessments.

The metallurgical sample was composited from the Phase 1 Neta Lodes aircore drilling program, using a weighted average for grade. The metallurgical sample was drawn from samples taken from between 8m and 55m in depth and is considered to be representative of the style of mineralisation found at Neta Lodes above the Base of Oxidation. 

All of the samples used had been bagged, in plastic cyclone bags, during the drilling program to ensure there was no contamination. This initial metallurgical testing will give a good indication of what gold recoveries could be expected from the Neta Lodes discovery and be extremely useful in planning any subsequent metallurgical work.

 Of particular interest will be the gravity recovery results. Standalone gravity gold recovery plants are considerably less expensive to build than CIL/CIP plants. The metallurgical test work results will be announced once they become available and have been assessed.