• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • WORLD EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • WORLD EDITION
      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
    More high-grade assays pave way for resource at Golden Eye

    More high-grade assays pave way for resource at Golden Eye

    Goliath Resources

    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.

    Latest News

    UPS Batteries For Explosive (EX & ATEX) Environments

    Lo Herma Resource Drilling Timing Confirmed

    Altech Batteries Ltd Commences Selling Sodium Nickel Chloride Batteries

    Redstone Completes Strongly Supported Placement

    Institutional Investment

    More News

    Outlook Reports

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

    Featured Australia Investing Stocks

    Mount Hope Mining

    MHM:AU

    Walker Lane Resources

    WLR:CC

    Rua Gold

    RUA:CC

    Golconda Gold

    GG:CC

    Falco Resources

    FPC:CC

    Adavale Resources

    ADD:AU
    More featured stocks

    Browse Companies

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