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    gold investing

    De Grey Expands Drill Program at Mallina

    Written by Priscila Barrera
    |
    Nov. 26, 2019 03:15PM PST

    De Grey Mining announced that a focused drilling program has commenced at Mallina with 1 diamond rig and 2 RC rigs operating.

    De Grey Mining (ASX:DEG) announced that a focused drilling program has commenced at Mallina with 1 diamond rig and 2 RC rigs operating.

    As quoted in the press release:

    Highlights:

    • Resource extension drilling campaign has commenced.
    • Recent drilling and a detailed geological review confirm the potential for near surface (<100m) high grade mineralisation to extend along strike and at depth.
    • Examples of the broad nature of near surface gold mineralisation include:
      56m @ 3.0g/t from 14m in MLRC214D (incl 30m @ 5.3g/t from 34m)
      22m @ 4.1g/t Au from 9m in MLAC037 (incl 7m @ 11.6g/t Au from 23m) and
      14m @ 4.9g/t Au from 36m in MLAC037 (incl 9m @ 7.0g/t Au from 37m)
      16m @ 3.0g.t Au from 32m in MLRC215 (incl 6m @ 4.7g/t Au from 42m)
      28m @ 2.3g/t Au from 41m in MLAC052 (incl 2m @ 9.6g/t Au from 63m)
      Mineralisation is now present over +7km strike length with incomplete, shallow
      (<100m) drilling to date testing less than 3 km of the system
    • +10,000m RC and diamond drilling (1 DD rig, 2RC rigs) scheduled to be completed by
      mid-December.

    Click here for the full text release

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    Goliath Intersects 10.62 g/t Gold Over 22.82 Meters, Drilling Maintains 100% Hit Rate, 95% Of Holes Contain Visible Gold, Remains Wide Open, Surebet Discovery, Golddigger Property, Golden Triangle, B.C.

    More strong drilling results to feed into coming resource update

    More strong drilling results to feed into coming resource update

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