De Grey Mining Confirms Crow as Large Gold System

THE DRILL SERGEANT: De Grey Mining (ASX: DEG) has confirmed the Crow Zone at the company’s Hemi gold discovery in Western Australia as a third large gold system.

De Grey Mining completed six RC holes at Crow, five of which intersected broad scale, semi continuous gold mineralisation with narrower higher-grade intervals.

Results from the drilling include:

63 metres at 0.9 grams per tonne gold from 26m;

89m at 0.6g/t gold from 43m;

14m at 0.7g/t gold from 169m;

44m at 0.4g/t gold from 123m; and

32m at 0.4g/t gold from 61m and 8m at 0.7g/t gold from 106m (previously reported within combined 70m at 0.3g/t gold).

“The potential for another large tonnage gold deposit similar to Brolga is very encouraging,” De Grey Mining technical director Andy Beckwith said in the company’s announcement to the Australian Securities Exchange.

“These are the first 6 RC holes we have drilled into Crow.

“The results show an extensive plus-400 metres wide zone of semi continuous gold mineralisation throughout the entire intrusion from Aquila through to Crow.

“The alteration and gold mineralisation at Crow is similar to that seen at Brolga.

“Looking at the cross section, if the gold mineralisation at Aquila and Crow join at depth then we have a target larger than Brolga with a potential lateral width of plus-700 metres.

“Drilling is at an early stage and we look forward to further testing this potential.”