GIB reports an inferred resource of 1,200 ounces from leach pads at the Edjudina gold project.

3 min read | March 06, 2025 05:31 PM AEDT | By Team Kalkine Media

GIB reports an inferred resource of 1,200 ounces from leach pads at the Edjudina gold project. — Image source: Shutterstock

Defining a Maiden JORC Resource

Gibb River Diamonds (ASX:GIB) has announced a maiden JORC resource estimate at the historical leach pads within the Edjudina project area. The resource estimate includes a defined tonnage of gold-bearing material with an established grade. The leach pads, located in an easily accessible area, allow for efficient material transport. The integration of this resource is expected to complement the broader gold inventory within the Edjudina project.

Resource Expansion at Neta Prospect

The Neta prospect, forming a key component of the Edjudina project, holds an established gold resource with defined tonnage and grade. A portion of this resource has been classified as indicated, with the remainder categorized as inferred. The latest developments at the leach pads are set to align with Neta’s existing resource base, enhancing the overall scope of the project.

Strategic Development and Operational Plans

Gibb River Diamonds is engaged in discussions related to permitting and collaborative ventures aimed at advancing operations at Edjudina. These initiatives include considerations for processing arrangements through external milling facilities. By leveraging third-party processing infrastructure, the company seeks to streamline operations while maintaining efficiency in gold extraction and recovery.

Innovative Testing and Resource Validation

To assess the recoverability of gold from the leach pads, metallurgical testing was conducted using cyanide bottle roll methods. The results provided key insights into the gold content and recovery characteristics of the material. The resource estimate was determined through a combination of research approaches, including auger drilling, satellite imagery analysis, and digital terrain assessments. These techniques have supported the verification process, ensuring a comprehensive understanding of the resource.

Market Developments and Industry Engagement

Gibb River Diamonds’ ongoing activities at Edjudina continue to draw industry attention. Market participants closely follow updates on resource expansion and project developments. Discussions regarding the company's latest initiatives provide insights into its operational direction and sector engagement.

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