Gibb River Diamonds Limited announce the grant of Mining Leases, Ellendale Diamond Project, which are the three key licenses at the heart of developing the Ellendale Diamond Project. These leases cover the main portions of the historic workings at the E4 and E9 pipes, together with the extensively bulk-sampled E12 alluvials. The grant of these three mining leases is an important milestone in re-establishing diamond production at Ellendale.
Since GIB re-assumed 100% ownership and control of the Ellendale Project from Burgundy Diamonds Limited on 20 March 2023, the Company has been working towards objectives required to re-establish diamond production at the Ellendale Project. GIB is pleased to announce the grant of mining leases M04/475, M04/476 and M04/477 which are the three key licenses at the heart of developing the Ellendale Diamond Project.
The grant of Mining Leases M04/475, M04/476 and M04/477 is a key milestone at Ellendale and the Company is very pleased this has now occurred. Progress continues to be made at the Ellendale Diamond Project, with a Heritage Clearance Survey scheduled to commence in the first week of June.
This Clearance Survey is another major step towards facilitating the re-commencement of mining on the M04/477 Mining Lease (formerly the Ellendale 9 mine). The Company continues to focus on the permitting work required to allow mining to recommence. This work will be greatly assisted by the recent grant of the mining leases!
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