Market Alert: Ukraine Conflict Update and U.S. Policy Risk

Gibb River Diamonds Reports High-Grade Results from Phase 1 Drilling at Neta Prospect.

Aug 07, 2025

Gibb River Diamonds (ASX: GIB) has announced impressive results from its Phase 1 grade control drilling at the Neta Gold Prospect, part of its Edjudina Gold Project in WA. The program, conducted and funded by JV partner BML Ventures Pty Ltd, confirmed the presence of strong, coherent, and near-surface gold mineralisation. Notable intersections include 24m @ 2.68g/t from surface, 29m @ 3.06g/t from 16m, and a standout 9m @ 3.13g/t from 80m in hole 25NRC017, highlighting a promising new high-grade shoot.

A total of 65 RC drill holes were completed over 2,180 metres, with results to be integrated into GIB’s broader geological model for mine planning. The recent grant of the Mining Proposal Permit clears the way for mine development, with BML planning to mobilise equipment in August 2025. The company sees these results as a significant step forward toward mining commencement at Neta.

 

 

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com