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De Grey Mining Ltd.
Summary
| Project: | Pilbara | |
|---|---|---|
| Deposit: | Hemi | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/5/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 5-3-2020: De Grey Mining Ltd. announces an Exploration/Drilling Update report for its Hemi deposit at the Pilbara project. Drilling results incl. 93m @ 3.3g/t Au from 39m. De Grey Mining Limited (ASX: DEG, “De Grey”, “Company”) is pleased to report on gol | |
| 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 report on gold assay results from the initial RC and the ongoing aircore drilling programs underway at the newly discovered Hemi Prospect (Figure 1). Ongoing RC and aircore drilling continue to define the sulphide alteration along strike, over increased widths and down dip on generally widespaced sections between 80-160m apart. This release covers the initial RC drilling gold assays from the Brolga Zone (Section B) and the Aquila Zone (Section A and extensions), together with additional aircore results (Figure 2). Further assays remain pending on both zones. Since recommencing drilling in January 2020, 13 RC holes (HERC001 - HERC013) and 3 RC precollars (HEDD001 – HEDD003) totaling 2784m and 115 aircore holes (BWAC309 to BWAC423) totaling 10,360m have been completed at Hemi (Figure 2). Full assays remain pending for 15 RC holes (1 complete and 3 partial RC results received) and a further 47 aircore holes. A diamond core rig is on site and has commenced with HEDD001 at the Brolga Zone (Section B). Drilling is targeting along strike and down dip extensions of the sulphide rich alteration zones to outline the potential scale of the deposit prior to infill resource definition drilling. | |
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