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De Grey Mining Ltd.

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Summary

Project:

Pilbara

Deposit:Hemi
Location:Australia
Commodities:Gold
Date:6/9/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Pre-Feasibility Study
Report details:9-6-2020: De Grey Mining Ltd. announces an Exploration/Drilling Update report for its Hemi deposit at the Pilbara project. Drilling results incl. 45m @ 8.1g/t Au from 111m. 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 update for the Aquila Zone within the Hemi Discovery, located approximately 60km of Port Hedland in Western Australia. Aquila is a parallel gold-sulphide zone located to the immediate north of the Brolga zone and adjacent to the new Crow zone to the north (Figure 1). RC and diamond core drilling are currently ongoing with 3 rigs operating between Aquila, Brolga and Crow testing for extensions of the gold mineralisation on a nominal 80m x 80m basis, with a second RC due shortly. At Aquila, step out drilling continues both along strike and at depth. The deeper drilling aims to test approximately 80-100m below known mineralisation. Drilling to the east of the high grade mineralisation on section 30640E is also planned. The Aquila results announced today and the announcement last Friday of the discovery of a new extension to the Brolga intrusion are encouraging.

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