Earnings release
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NEWFIELD RESOURCES LIMITED ASX Announcement 29 October 2021 ABN : 98 153 219 848 15 McCabe St North Fremantle WA 6159 T : +61 8 6389 2688 E : info @ newfield resources.com.au SEPTEMBER QUARTERLY ACTIVITIES REPORT Newfield Resources Limited ( ASX : NWF ) ( Newfield or Company ) is pleased to announce its activities for the quarter ending 30 September 2021 . 1. Development - Tongo Mine ■ ■ ■ Highlights Underground development of the return airway on the Kundu kimberlite continued A total of 792 m of underground development achieved to date ( 56.3m in the quarter ) Construction of 25 tph plant and final recovery security building continued 2. Exploration ■ ■ Bulk sampling result of Peyima Kimberlite returns grade of 1.02 carats per tonne Processing of Kundu and Peyima kimberlites yielded 379 carats and 111 carats respectively 3. Environment , Social and Governance ( ESG ) Reporting " " 681 Lost Time Injury free days recorded to date , LTIFR reduced to 0.5 Successful HSEC audits undertaken by Government authorities Three schools constructed handed over the local community authorities 4. Corporate Non - renounceable rights issue launched to raise up to $ 50.8 million 1. Tongo Diamond Mine ( Sierra Leone ) Underground Development During the quarter , blasting focused on advancing the Return Air Way ( RAW ) of Kundu kimberlite Segment A towards the ventilation shaft . In addition , blasting was conducted on the RAW that is advancing towards Kundu kimberlite Segment B. Total development achieved to date is 792m , inclusive of the 56.30m of advance this quarter . Figure 1 shows the development plan to the end of the quarter . Kimberlite continued to be extracted from the Segment A RAW and hauled to the 5tph plant for processing . The kimberlite remains approximately 25-30cm in width and is comprised of fresh , macrocrystic kimberlite with a smooth contact with the wall rock granite which results in a relatively clean breakaway of the ore from the country rock . Underground infrastructure has focussed on a new water dam construction and installation of pumping system to ensure the water ingress is controlled and the mine is maintained as dry . ASX : NWF | Find out more at www.newfieldresources.com.au