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Showing posts with the label Gibb River Diamonds

Busy drill at Gibb River Diamonds!

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Paying more attention on exploration   Gibb River Diamonds presented their Quarterly Highlights for the quarter ended on March 31, 2021 for, 1: Edjudina Gold Project, 2: Ellendale Diamond Project.   In their quarterly summery Gibb said, during another busy quarter, the Company has completed a very successful Phase 3 RC drilling campaign at the Edjudina Gold Project and secured a highly financially advantageous option agreement over the Ellendale Diamond Project, sold a number of non-core gold legacy royalties.   This Ellendale Option sale will now enable GIB to focus more attention on the further exploration and development at the Edjudina Gold Project, including the recently discovered Neta Lodes Prospect.   Planning for the Phase 4 aircore drilling campaign at the Edjudina Gold Project is progressing well and the Company is looking forward to commencing this exciting program, targeting Neta Lodes lookalike deposits along the highly prospective, under-explored and under-drilled 1

Gibb River Diamonds eye on drilling!

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  The maiden drilling program   Gibb River Diamonds announces that the maiden drilling program at the high grade Edjudina Gold Project (GIB with Option to Purchase 100%) will commence in the first week of September. A contract with Top Drive Drillers Australia has been signed to provide drilling services to the Company. A Program of Works authorisation has been received from the WA Mines Department which permits the Company to undertake this drilling work and a number of subsequent drill programs. The maiden aircore drilling program will consist of a minimum of 2,000 metres of aircore drilling. It will aim to test a number of targets which have been generated by the Company using historic geological data, these include, 1: Areas of previous mining activity which include historical shafts and workings as evidenced in GIB’s field program. 2: Areas covered by alluvium or windblown sand along strike from previous workings which have not been explored or tested, 3: Areas with evidence of