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De Grey Mining Ltd.
Summary
| Project: | Pilbara | |
|---|---|---|
| Deposit: | Hemi | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 2/11/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 11-2-2020: De Grey Mining Ltd. announces an Exploration/Drilling Update report for its Hemi deposit at the Pilbara project. Drilling results incl. 46m @ 6.6g/t Au from 92m. De Grey Mining Limited (ASX: DEG, “De Grey”, “Company”) is pleased to advise furth | |
| 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 further outstanding results from follow up aircore drilling at the newly discovered Hemi Prospect (Figure 2). This release covers aircore drilling results for a further 20 holes (BWAC316 – BWAC335) completed on the initial discovery Section A together with initial results from the 320m spaced infill line (halfway between sections A and B). A further 39 aircore holes have been completed (BWAC336 to BWAC374) with those results pending. Drilling has been delayed due to Cyclone Damien and is expected to recommence shortly. Hemi is a virgin greenfields discovery, with the first ever drill results reported in December 2019 and further encouraging high grade results were subsequently reported on 6 February 2020. Aircore drilling continues to define significant mineralisation (Figure 3). Infill drilling continues along the prospective corridor with widespaced lines on a 320m x 80m basis over a 2.5km strike length. The gold mineralisation is associated with fine grained disseminated sulphide (pyrite and arsenopyrite) and only limited quartz veining hosted in sediments and intrusions. Detailed resource definition RC and diamond drilling is planned to commence shortly in combination with further infill aircore drilling. | |
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