Gibb River Diamonds Limited (AU:GIB) has released an update.
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Gibb River Diamonds Limited has signed a Mining Benefits and Heritage Agreement for the Edjudina Gold Project in Western Australia, paving the way for the mining lease application to be granted in early 2025. The company plans to begin mining operations at the Neta Prospect, relying on toll treatment at a third-party mill, with discussions already underway with specialized West Australian groups. This development marks a significant step toward monetizing the project’s JORC resource of 24,000 ounces of gold.
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