• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Australia Market
    Australia News
    Australia Stocks
    • Australia Market
    • Australia News
    • Australia Stocks
    gold investing

    De Grey Finds Further Impressive Thick and High Grade Gold at Hemi

    Nicole Rashotte
    Feb. 11, 2020 12:00PM PST
    Australia Investing

    De Grey Mining announced further outstanding results from follow up aircore drilling at the newly discovered Hemi gold prospect. 

    De Grey Mining (ASX:DEG,OTC Pink:DGMLF) announced further outstanding results from follow up aircore drilling at the newly discovered Hemi gold prospect.

    Highlights are as follows:

    • Additional thick and high-grade gold mineralisation intersected on section A consolidates a significant 30m wide gold zone to 130 meters depth, open in all directions.
    • 44 meters at 5.1 grams per tonne (g/t) gold from 40 meters in BWAC320, including 13 meters at 8.8g/t
    • 46 meters at 6.6g/t gold from 92 meters in BWAC321, including 21 meters at 8.3g/t
    • Results correlate strongly with previously announced results on 6 Feb 2020, including:
    • 24 meters at 7.5g/t gold from 126 meters in BWAC315, including 18 meters at 8.6g/t (EOH)
    • 49 meters at 3.7g/t gold from 65 meters in BWAC309, including 18 meters at 6.6g/t 36m at 4.0g/t from 39 meters in BWAC245, including 11 meters at 8.9g/t

    Andy Beckwith, technical director, commented:

    These are stunning results – high grade, thick and consistent. Clearly, drilling below this zone and the mineralisation on section B are two key high priority RC targets. We are looking forward to receiving the remaining aircore drilling results and re-commencing drilling activities now the cyclone has dissipated.

    Click here to read the whole De Grey Mining (ASX:DEG,OTC Pink:DGMLF) press release.

    de grey miningasx:degotc:dgmlfgold investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Moneta Expands Gold Mineralization at Recent Halfway Discovery, Tower Gold Project

    Moneta Expands Gold Mineralization at Recent Halfway Discovery, Tower Gold Project

    Erdene's Drilling Expands Gold Mineralization in Multiple Zones Adjacent to the Bayan Khundii Gold Deposit

    Latest News

    Q2 2025 Interim Financial Statements

    Response to ASX Price and Volume Query

    Acquisition of Silver Extraction Technology

    Snow Lake Completes Due Diligence and Confirms Placement

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Australia Investing Stocks

    Brunswick Exploration

    BRW:TCM
    Brunswick Exploration Logo

    Asra Minerals

    ASR:AU

    Piche Resources

    PR2:AU

    Quimbaya Gold

    QIM:CC

    Sranan Gold

    SRAN:CC

    LaFleur Minerals

    LFLR:CNX
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×