Gibb River Diamonds Limited (AU:GIB) has released an update.
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Gibb River Diamonds Limited is advancing its Edjudina Gold Project in Western Australia’s Eastern Goldfields, focusing on monetizing the Neta Prospect JORC Resource. The company has reached a Mining Benefits Agreement with the local Aboriginal corporation, which, if approved, will facilitate the granting of a mining lease, paving the way for future mining operations. Plans are underway to submit a Mining Proposal in early 2025, which includes environmental and heritage assessments, to enable a Mine and Haul operation.
For further insights into AU:GIB stock, check out TipRanks’ Stock Analysis page.
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