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De Grey Mining Ltd.
Summary
| Project: | Pilbara | |
|---|---|---|
| Deposit: | Buckle | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/16/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 16-1-2020: De Grey Mining Ltd. announces an Exploration/Drilling Update report for its Buckle deposit at the Pilbara project. Drilling results incl. 20.00m @ 0.9g/t Au from 70.00m. De Grey Mining Limited (ASX: DEG, “De Grey”, “Company”) is pleased to advi | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Phil Tornatora (Internal) | |
| ABSTRACT: | De Grey Mining Limited (ASX: DEG, “De Grey”, “Company”) is pleased to advise a new zone of gold mineralisation has been defined in wide spaced aircore and limited follow-up RC drilling at the Buckle Prospect, located along the major Tabba Tabba Shear Zone, that hosts the Wingina (287,700oz*) and Amanda (69,700oz*) gold deposits. The aircore drilling was part of a large regional aircore drilling program (>47,500m) completed across many areas of the project, focused on new gold discoveries in prospective structural corridors. The 2019 aircore drilling program has successfully delineated strong gold mineralisation at Buckle and the previously reported discoveries at Hemi and Antwerp along the Scooby to Antwerp Trend (Figure 1). All three areas show potential for shallow open pit resource potential. An additional limited follow-up RC drilling was also completed at Buckle in order to better define the potential of the new gold mineralisation. Results reported in this release relate to the Buckle and Tabba Tabba 3 prospect areas. | |
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