The Ellendale Diamond Survey to commence on 2 April

Mar 26, 2024

Ellendale Diamond 1Gibb River Diamonds Limited (GIB) is currently progressing the permitting required to re-establish diamond production at the Ellendale Diamond Project in WA and is pleased to provide a progress update regarding the Project,

1: An on-ground Fauna and Flora Survey will commence on 2 April 2024 on mining lease application M04/477 in the area of the Ellendale 9 mine and associated miscellaneous leases.

This survey is being conducted by the consultancy Animal Plant Mineral Pty Ltd (APM) who are expert environmental practitioners, experienced in providing services to the mining industry. The survey will take several days to complete.

This survey will provide important biological baseline studies which will combine with previous studies and assist GIB to compile the Mining Proposal permitting applications. Traditional Owners will be assisting with the fieldwork which has been delayed somewhat by wet weather.

2: The grant of Mining Leases Ellendale 9 mine, are currently awaiting a Ministerial signature by the Hon David Michael, Minister for Mines in WA. The Company had anticipated the Minister would have signed off on the grant of these leases once the Bunuba Dawangarri Aboriginal Corporation (‘Bunuba’) had signed the Mining Benefits Agreement with GIB and the resultant s31 State Deed was executed; both of these events occurred prior to 23 December 2023.

GIB has recently written to the Minister, requesting a meeting regarding this important matter. GIB is not aware of any reason as to why the Minister has not signed-off on the grant of the Mining Leases. The Company will continue to lobby the Minister for the grant of these leases.

3: GIB has recently requested a Heritage Clearance Survey from the Bunuba Native Title Party regarding GIB’s plans for mining on the lease (Ellendale 9 mine). This Heritage Survey will be conducted under the protocols established in the Mining Benefits Agreement. The Company looks forward to conducting this survey as soon as possible.

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