Gibb River Diamonds' Edjudina Gold Project update

Gibb River Diamonds (ASX:GIB) has announced an update on its Edjudina Gold Project in Western Australia. The project boasts an Indicated and Inferred JORC Resource of 378,000 tonnes at a gold grade of 1.9 g/t, equating to 24,000 ounces of gold. Located 108 km from the Carosue Dam mill, it offers promising metallurgy and strategic positioning.

Gibb River Diamonds' strategic vision for Edjudina

Gibb River Diamonds is advancing its Edjudina Gold Project, focusing on a 24,000-ounce gold resource. The upcoming decision on mining lease M31/495 and subsequent proposal to the Western Australia Mines Department could propel project development. With historical production and excellent metallurgy, the company aims to explore drill targets and assess old leach dumps. Positioned conveniently near infrastructure and processing facilities, Gibb River Diamonds is also exploring corporate opportunities to enhance project viability.

Executive insights on Edjudina Gold Project

The Indicated and Inferred JORC Resource at the Neta Prospect demonstrates the potential of the Edjudina Gold Project. Historical workings over 13 km and multiple drill-ready targets further underscore its exploration potential. We look forward to the Native Title holder meeting decision and progressing with a mining proposal.