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De Grey Mining Ltd.
Summary
| Project: | Pilbara | |
|---|---|---|
| Deposit: | Hemi | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/25/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 25-3-2020: De Grey Mining Ltd. announces an Exploration/Drilling Update report for its Hemi deposit at the Pilbara project. Drilling results incl. 78m @ 1.8g/t Au from 40m. 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 drilling and results update for the Brolga Zone within the Hemi Discovery, located within 60km of Port Hedland, Western Australia. This release covers the latest RC drilling results at the Brolga Zone as of 23 March 2020 (Figure 1). Positive gold assays have now been received for all RC drill holes on the four 80m spaced Brolga drill sections 30480E, 30,560E, 30,640E and 30720E (Figure 2). Strong and extensive gold mineralisation is now defined across the four sections and defines a robust and large growing volume of mineralised intrusive at Brolga. The gold-sulphide mineralisation is well defined by RC drilling and interpreted to be dipping moderately to the south (local grid) with a large footprint over +340m of strike, up to +300m lateral width, up to 200m depth and remains open along strike and down dip. The importance of the shallower dipping mineralisation is significantly material as it has the potential to increase ounces per vertical metre within a future open pit and may reduce the overall strip ratio. | |
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