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De Grey Mining Ltd.
Summary
| Project: | Pilbara | |
|---|---|---|
| Deposit: | Toweranna | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/3/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 3-7-2018: De Grey Mining Ltd. announces an Exploration/Drilling Update report for its Toweranna deposit at the Pilbara project. Drilling results incl. 22m @ 4.82g/t Au from 44m. Visible gold has been noted in quartz veining in diamond hole TRC085D at appr | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Phillip Tornatora (Internal) | |
| ABSTRACT: | Visible gold has been noted in quartz veining in diamond hole TRC085D at approximately 173m depth. 9 diamond core “tails” completed with logging and processing underway. All results pending. The latest results are expected to lead to a significant expansion of the current resource on the Western and Southern Zones and indicate potential for maiden resources to be defined on the Northern and Eastern Zones with further drilling. Mineralisation remains open along strike and at depth. The highgrade nature of lodes provides future underground potential. Andy Beckwith (Technical Director) commented: “Recent drilling has been successful on all fronts with strong gold mineralisation defined throughout the granite. We expect the diamond drilling will also add to this exciting new style of mineralisation. Toweranna is a geological enigma of the project, hosted by a granite intrusion along the axis of a regional north-east trending fold structure, rather than by a regional shear zone like all the other gold deposits. This developing new style and host to gold mineralisation opens up a whole new dimension to additional targeting in the Pilbara Gold Project and the Pilbara region in general.” | |
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