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De Grey Mining Ltd.
Summary
| Project: | Pilbara | |
|---|---|---|
| Deposit: | Wingina, Amanda | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/8/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 8-3-2019: De Grey Mining Ltd. announces an Exploration/Drilling Update report for its Wingina, Amanda deposit at the Pilbara project. Drilling results incl. 12.66m @ 1.75g/t Au from 302.36m. De Grey Mining Limited (ASX: DEG, “De Grey”, “Company”) is pleas | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Phillip Tornatora (Internal) | |
| ABSTRACT: | De Grey Mining Limited (ASX: DEG, “De Grey”, “Company”) is pleased to announce new drilling results at the Wingina and Amanda gold deposits that form part of the 1.4Moz Pilbara Gold Project, located near Port Hedland in the Pilbara region of Western Australia. (ASX release “2018 Total Gold Mineral Resource increases to 1.4Moz”, 3 October 2018) The gold mineralisation, at Wingina and Amanda, is hosted by the north east trending and large regional scale Tabba Tabba Thrust. Both the Wingina and Amanda deposits remain open along strike and at depth plus the +60km long thrust is considered highly prospective for further discoveries. Wingina At Wingina, the shallow near surface mineralisation has previously been well drilled on a nominal 20m x 20m basis over more than 1km of strike length and generally down to ~200m depth. The current resource (5.49Mt @ 1.6g/t for 287,700oz) has greater than 75% of the resource in the measured and indicated categories and is expected to form one of the larger open pits in the 2019 2.0Mtpa PFS. Two higher grade plunging shoots are defined in this previous resource drilling (Figure 1). Recent drilling has successfully targeted extension to the mineralisation at depth and to the north east along strike. | |
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