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De Grey Mining Ltd.
Summary
| Project: | Pilbara | |
|---|---|---|
| Deposit: | Hemi | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/22/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 22-6-2020: De Grey Mining Ltd. announces an Exploration/Drilling Update report for its Hemi deposit at the Pilbara project. Drilling results incl. 53m @ 5.9g/t Au from 117m. De Grey Mining Limited (ASX: DEG, “De Grey”, “Company”) is pleased to provide the | |
| 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 the following drilling update for the Aquila Zone at the Hemi Gold Discovery, located approximately 60km south of Port Hedland in Western Australia. Gold endowment at Hemi continues to grow with drilling still to define the limits of mineralisation. Aquila is a 1.2km long linear mineralised zone located between the Brolga and Crow intrusions. (Figure 1) and remains open in all directions. Two high grade (+5g/t) plunging shoots appear to be developing in drilling. Recent aircore drilling has provided a potential 400m strike extension. These high grade shoots and lateral extension have the potential to significantly increase the open pit mining potential at Aquila. Recent RC and diamond drilling continue to extend broad scale gold mineralisation with the 4 rigs operating at all mineralized zones at Hemi. RC drilling has been adversely affected for a week in mid-June due to mechanical availability. The RC rig has also been completing pre-collars for deeper diamond drilling at Aquila. Aircore drilling is continuing to the southwest of Hemi targeting mineralised extensions. A second aircore rig will extend coverage to the east of Hemi toward Scooby commencing this week. | |
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