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The Merlin Diamond Project is located some 100 km south of the settlement of Borroloola and comprises 14 kimberlite pipes, grouped into four clusters. Nine of these pipes were subject to open-pit mining over a 5 year period commencing in 1998. The operations ceased in 2003 having produced 507,000 carats of diamonds. During its short operational life, Merlin Diamond Project was renowned for the production of top quality white diamond and large specials, the largest being 104.73 carats. Merlin Diamonds Pty Ltd, formerly North Australian Diamonds, acquired the project from the Rio Tinto group in 2004. In 2012, part of the latest parcel has been sold on international markets generating proceeds of US$1.865 million.
The Merlin diamond mine undertook pilot production in 2013. The Company is also pursuing a number of high priority exploration targets within the tenement holding surrounding the Merlin Diamond Project.
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The Merlin Mineral Resources have been and classified and reported in accordance with The 2004 Australasian Code for Reporting of Mineral Resources and Ore Reserves (JORC Code). The Merlin Mineral Resources estimates have been prepared by T.H. Reddicliffe. T. H. Reddicliffe is a Fellow of the Australasian Institute of Mining and Metallurgy. T.H. Reddicliffe is a consultant to North Australian Diamonds Limited. T.H. Reddicliffe has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration, and to the activity which they are undertaking. This qualifies T.H. Reddicliffe as a "Competent Person" as defined in the 2004 edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'.
29 January 2016 Quarterly Report December 2015 > Read more
30 December 2015 Ceasing to be a substantial shareholder - Top End Minerals Ltd > Read more
10 December 2015 Appendix 3B > Read more
27 November 2015 Results of annual general meeting > Read more
27 November 2015 Financing to fund recommencement of Merlin diamond mining operations > Read more
30 October 2015 Quarterly Report September 2015 > Read more
27 October 2015 Notice of annual general meeting > Read more
1 October 2015 Appendix 4G and 2105 Report on Governance > Read more
1 October 2015 Annual Financial Statements > Read more
24 September 2015 Placement of shares > Read more