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De Grey Mining Ltd.
Summary
| Project: | Pilbara | |
|---|---|---|
| Deposit: | Hemi | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/5/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 5-6-2020: De Grey Mining Ltd. announces an Exploration/Drilling Update report for its Hemi deposit at the Pilbara project. Drilling results incl. 55.3m @ 1.9g/t Au from 184.7m. De Grey Mining Limited (ASX: DEG, “De Grey”, “Company”) is pleased to provide | |
| 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. Hemi is a new major gold discovery, where gold mineralisation is hosted in a series of intrusions associated with stringer and disseminated sulphide rich zones. This style of mineralisation is new to the Pilbara region and shows a scale of mineralisation not seen in the project previously. Hemi is shaping up as a world class, large scale deposit with world class infrastructure on our doorstep. Drilling is continuing to determine the extent of the Hemi mineralisation with the expectation that overall project resources will increase significantly from the current 2.2Moz. There are at least four other look-alike intrusion targets already defined in the immediate region surrounding Hemi, three of which have known ore grade mineralisation. A detailed airborne magnetic survey was recently completed and will be used to further improve and enhance targeting. | |
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