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De Grey Mining Ltd.
Summary
| Project: | Tabba Tabba | |
|---|---|---|
| Deposit: | Tabba Tabba | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 9/12/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-9-2016: De Grey Mining Ltd. announces an Exploration/Drilling Update report for its Tabba Tabba deposit at the Tabba Tabba project. Drilling results incl. 9m @ 0.34g/t Au, 90.1g/t Ag, 0.17% Cu, 1.57% Pb, 5.56% Zn from 56m. De Grey Mining Ltd (ASX: DEG, | |
| Resources: | ||
| CP/QP: | [Overall Report]: Andrew Beckwith (Internal) | |
| ABSTRACT: | De Grey Mining Ltd (ASX: DEG, “De Grey”, “Company”) is pleased to advise that the final 1m sample results for Tabba Tabba (Au-Ag-Zn-Pb) prospect have now been received and assessed. The Tabba Tabba VMS prospect is located along the Tabba Tabba Greenstone Belt in the eastern portion of the Turner River Project (Fig 1), approximately 40km northeast of the Wingina Gold Deposit. The prospect lies approximately 15km along strike from De Grey’s two 100% owned VMS deposits Orchard Tank (1.7Mt @ 0.5g/t Au, 78.6g/t Ag, 0.99% Pb, 2.38% Zn - JORC 2012) and Discovery (1.2Mt @ 0.8g/t Au, 87.0g/t Ag, 0.94% Pb, 2.34% Zn - JORC 2012) plus other encouraging VMS prospects Hakea and Cassia. The RC drilling program at Tabba Tabba targeted infill drilling of the known VMS style mineralisation associated with a 1st priority IP anomaly (Figure 2) to a depth of approximately 50m depth on 40m spaced sections. Testing of this IP anomaly approximately 500m along strike to the southeast. A total of 12 holes were completed for an advance of 772m. Deeper previous drilling partial tests the mineralisation to 100m depth. Initial 4m composite samples were submitted to the laboratory and detailed 1m infill sampling subsequently completed over the anomalous 4m composite zones with significant results listed in Table 1. | |
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