De Grey Mining Continues Crow/Aquila Expansion

THE DRILL SERGEANT: De Grey Mining (ASX: DEG) has drilled further growth at the Crow and Aquila zones within the company’s Hemi gold discovery, south of Port Hedland in Western Australia.

Drilling at the Crow zone expanded the main lode – McLeod – that is now identified over 600 metres strike, 300m depth and up to 60m true thickness and remains open.

New results in the McLeod lode at Crow include:

HERC607
33 metres at 4.9 grams per tonne gold from 171m, including 11m at 12.1g/t gold from 171m;

HERC039D
24.8m at 2.1g/t gold from 308.19m;

HERC355
7m at 3.9g/t gold from 215m; and

HERC611
18m at 1.3g/t gold from 55m.

Additional new intercepts in other lodes at Crow returned:

HERC535
6m at 6.9g/t gold from 57m;

HERC623
18m at 3.4g/t gold from 210m; and

HERC310D
14.3m at 2.9g/t gold from 239.5m.

Drilling at the Aquila zone has defined over 800m strike and recent results have highlighted plunging higher-grade shoots at the eastern and western ends of the intrusion.

New extensional results include:

HEDD012
52.2m at 2g/t gold from 519.83m, including 15.3m at 4.5g/t gold from 556.68m;

HERC208D
12m at 3.6g/t gold from 371m including 0.5m at 71.3g/t gold from 374.77m, and 27.1m at 1.2g/t gold from 405m that intersected the eastern end of the McLeod Lode; and

HERC250D
24.6m at 1.7g/t gold from 293.2m.

“The large Crow/Aquila gold system continues to expand and be defined across multiple stacked subvertical lodes,” De Grey Mining managing director Glenn Jardine said in the company’s ASX announcement.

“The dominant lodes of McLeod and Aquila are oblique to each other, intersect at the eastern end and are expected to support a combined open pit scenario.

“Both lodes demonstrate high-grade mineralisation that should also provide underground mining potential below any open pit mining limits.

“The ongoing systematic infill RC drilling program at Crow has improved our understanding of the continuity of mineralisation.

“Step out drilling continues to extend mineralisation at all zones at Hemi.

“RC drilling also continues at the recently discovered Diucon and Eagle zones to the immediate west.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

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Web: www.degreymining.com.au