De Grey Mining Encounters Hemi Extensions
THE DRILL SERGEANT: De Grey Mining (ASX: DEG) continues to grow the Hemi gold discovery at the company’s Mallina gold project in Western Australia.
The latest extension to Hemi has come at the Aquila zone by way of further wide, high-grade intersections.
Mineralisation at Aquila remains open at depth along a strike length of 850 metres.
Drilling completed by De Grey to date has demonstrated the overall scale and dimensions of the shallow gold mineralisation across the combined Aquila, Brolga and Crow gold system remains open and currently extends over 1000m in width, 850m in strike and 300m in depth.
The company is currently undertaking step-out extension drilling across all three deposits to extend the limits of mineralisation and to assess the potential for a large tonnage, low strip ratio open pit mining scenario.
Latest results from Aquila include:
HERC030D
139.5 metres at 0.7 grams per tonne gold from 103.89m;
HERC070
113m at 0.8g/t gold from 70m;
HERC039D
27m at 2.7g/t gold from 152m;
HERC041DW1
13.4m at 3.5g/t gold from 266.67m;
HERC042D
2m at 2.5g/t gold from 168m; and
HERC069
22m at 2.4g/t gold from 131m.
“The scale and dimensions of the near surface mineralisation at Hemi continues to impress,” De Grey Mining technical director Andy Beckwith said in the company’s announcement to the Australian Securities Exchange.
“The size of Hemi continues to grow with every drill program and we are also confident that additional new discoveries will be made along this prospective corridor.”
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