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

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.

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