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Showing posts with the label Gibb-River Diamonds

Gibb River Diamonds discovers Gold!

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  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 discover

Ellendale supply 50% of world’s Fancy Yellow!

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  Produced about 1.3 mn cts so far!   Recently Gibb River Diamonds Limited-GIB, presented its’ the Annual Report for the year ended 30 June 2020. Gibb River Diamonds said in its Annual Report about Ellendale Diamond Project that, GIB operates its 100% owned Ellendale Diamond Project in the West Kimberley, WA. This project includes the advanced Blina Prospect which represents an exciting opportunity to produce high value Fancy Yellow diamonds.   The Ellendale Project has been one of the world’s foremost diamond producers with past production of approximately 1.3 million carats. This included the annual supply of over 50% of the world’s Fancy Yellow diamonds, which were the subject of a special marketing agreement between the former operator and Tiffany & Co.  The most advanced prospect at Ellendale is the Blina Alluvial Prospect, which is fully permitted, the major processing plant equipment has already been purchased and the project is ‘shovel ready’.  The project consists of a

Gibb River to drill at the Edjudina!

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  Phase 2 Drilling in the November   Gibb River Diamonds announced that the Phase 2 drilling campaign at the Edjudina Gold Project, WA is due to commence in the first week of November 2020. A contract has been signed with a Kalgoorlie based drilling services company to provide aircore drilling services to GIB. The primary aim of this Phase 2 aircore drilling program is to test strike and depth extensions to the newly discovered Neta Lodes mineralisation at Edjudina, this includes,  1: On-strike extensions to the north of Neta Lodes under areas of calcrete cover, 2: On-strike extensions to the south of Neta Lodes up to the GIB tenement boundary 60 metres to the south of GIB’s most south-westerly mineralised hole1 & 3: Depth extensions to the Neta Lodes discovery.   The recent positive drilling results at the Gawler Prospect will also be followed up with further drilling as time allows.