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De Grey Mining Ltd.

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Summary

Project:

Pilbara

Deposit:Hemi
Location:Australia
Commodities:Gold
Date:4/17/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Pre-Feasibility Study
Report details:17-4-2020: De Grey Mining Ltd. announces an Exploration/Drilling Update report for its Hemi deposit at the Pilbara project. Drilling results incl. 4m @ 6.9g/t Au from 52m. De Grey Mining Limited (ASX: DEG, “De Grey”, “Company”) is pleased to provide this
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 provide this update covering further reconnaissance aircore drilling and initial RC drilling within the Hemi Discovery area, located within 60km of Port Hedland, Western Australia. This release covers the latest aircore drilling and the first of six (6) RC holes north of Aquila, defining the large and untested Crow Zone, as of 15 April 2020. The full gold intercepts (>2gm *m) discussed in this report are listed in Table 1. NEW “CROW” ZONE At Hemi, the widespaced aircore drilling completed to date has defined three large gold in bedrock zones (Figure 1). The Aquila and Brolga Zones have been confirmed to host strong gold-sulphide mineralisation with deeper RC and diamond drilling. This drilling has been completed on a nominal 80m x 80m basis. The additional aircore drilling mostly to the north of Aquila has returned further encouraging gold results. The new Crow Zone is highlighted by the maximum bedrock gold value in each aircore hole.

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