- Gibb River Diamonds (GIB) is gearing up to commence drilling at its Edjudina Gold Project in Western Australia later this week
- The phase five 2000-metre reverse circulation drilling effort is set to kick-off Sunday September 5, following up on finds from a previous programme
- Drilling will test the Perseverance Prospect, the Trio Prospect and deeper targets at the Neta Lodes prospect
- GIB has acquired a six-month option arrangement to purchase the project from fellow ASX-lister, Nexus Minerals
- Gibb River Diamonds shares closed today’s session in the grey to trade at 6.9 cents
Gibb River Diamonds (GIB) is gearing up to commence drilling at its Edjudina Gold Project in Western Australia later this week.
The phase five 2000-metre reverse circulation drilling programme is set to commence on Sunday September 5 at the project, which is situated north-east of Kalgoorlie in the Goldfields region of WA.
Gibb River said drilling is set to test the Perseverance Prospect and the Trio
Prospect, which were formerly known as the Perseverance West Prospect and the Perseverance East Prospect, respectively.
Drilling is also targeting deeper targets at the Neta Lodes prospect.
Previous drilling at the prospect was completed as part of a phase four campaign, with results from the effort reported in June.
The described previous GIB drilling at Perseverance and Trio as “highly encouraging” with phase five hoped to build on these findings.
GIB has acquired a six-month option arrangement to purchase the project from fellow ASX-lister, Nexus Minerals.
Gibb River Diamonds shares closed today’s session in the grey to trade at 6.9 cents.