For thousands of other reports visit RSC's Mineral Intellingence Map
De Grey Mining Ltd.
Summary
| Project: | Turner River | |
|---|---|---|
| Deposit: | Mt Berghaus | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/16/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-12-2016: De Grey Mining Ltd. announces an Exploration/Drilling Update report for its Mt Berghaus deposit at the Turner River project. Drilling results incl. 12m @ 11.36g/t Au from 5m. De Grey Mining Ltd (ASX: DEG, “De Grey” “Company”) is pleased to adv | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Philip Tornatora (Not stated) | |
| ABSTRACT: | De Grey Mining Ltd (ASX: DEG, “De Grey” “Company”) is pleased to advise that the 64 hole RC drilling program at the Mt Berghaus prospect (Turner River Project) has now been completed for a total advance of 5,536m (Figure 2). This drilling program forms an integral part of the Company’s strategy of targeting a combined 500,000oz resource at the Turner River Project in the coming six months. Specifically the Mt Berghaus drilling program aims to both upgrade and expand on the current 43Koz gold resource (Resources Statement by De Grey Mining Limited as reported to the ASX on 23 June 2016). Work has focused on key infill drilling within the existing resource and immediate along strike extensions to the known resource, as well as testing newly defined outcropping gold bearing quartz veins and other priority targets. This announcement contains results for the first 21 holes of the 64 hole program, with assays pending for remaining holes. Significant zones of shallow oxide mineralisation, with some high grade zones, were intersected in numerous holes. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report