Earnings release
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NEWFIELD RESOURCES LIMITED ASX Announcement 29 January 2021 ASX : NWF ABN : 98 153 219 848 15 McCabe St North Fremantle WA 6159 T : +08 9389 8880 www.newfieldresources.com.au DECEMBER 2020 QUARTERLY ACTIVITIES REPORT Newfield Resources Limited ( ASX : NWF ) ( Newfield or Company ) is pleased to announce its activities during the December 2020 quarter . " ■ ■ ■ " Highlights Underground development of the return airway on the Kundu kimberlite intersected kimberlite , and the first ROM production diamonds were recovered from the Tongo mine The 5tph bulk sample plant was commissioned and successfully recovered diamonds from the first ROM kimberlite ore A total of 500m of underground development achieved A total of 1,671 microdiamonds were reported from 459kg of sample from the Panguma kimberlite , including 56 commercial size ( ' macro ' ) diamonds Post period , a maiden JORC compliant maiden resource of 910,000 carats announced for Panguma kimberlite bringing the total Tongo Project resource to 8.3 million carats * Encouraging garnet mineral chemistry results reported from two of the kimberlites discovered in Liberia A full year of surface and underground construction and development activities completed at the Tongo mine and Liberian exploration sites , without a single lost time injury * Refer to the ASX announcement dated 27 January 2021 1. Tongo Diamond Mine ( Sierra Leone ) During the quarter , the underground decline development and infrastructure construction continued in the Tongo diamond mine ( Tongo Project ) , although progress continued to be hampered by delays imposed upon the supply chain , which has significantly increased lead times and reduced capacity to bring in required mining equipment and spares . However , the rotation of expatriate staff recommenced , initially with the use of chartered flights , and later with the use of commercial flights which began operating in October 2020 . The original mine construction schedule has been negatively impacted and remains under review . Since the COVID - 19 pandemic is not yet over and continues to impact operations , a revised schedule will not be finalised in the foreseeable future . However , the Company was pleased to report the recovery of its first production diamonds during the quarter , within the originally planned timeframe .