Yes, there is apparently a great deal afoot!
It is part of the Mellor Project and they have some money for archaeological excavations and information boards are also part of the work to be done. The main difficulty is working on a site that is privately owned and is a tremendous risk area! They hope to outline the mill base to show how large it was and do some guided walks a few times a year. Volunteers will be needed at some stage for clearance work, which sounds quite interesting, so watch this space!