De Grey Mining Extends Crow and Aquila Mineralisation

THE DRILL SERGEANT: De Grey Mining (ASX: DEG) reported on drilling recently carried out at the company’s Hemi gold discovery, located south of Port Hedland in Western Australia.

De Grey Mining has been drilling on the Aquila and Crow zones that are located adjacent and to the north of the large Brolga intrusion at Hemi.

The company is continuing with extensional step out drilling in these two zones on a nominal 80m by 80m spacing to the northwest while infill resource definition drilling to a 40m by 80m spacing is continuing in the central and eastern portions of Crow.

Step out and infill drilling at Hemi is on-going and the latest results at Aquila and Crow continue to firm up areas of high-grade gold mineralisation (+2g/t) within a much larger and broader gold system.

High-grade gold was intersected at the eastern edge of Crow with mineralisation remaining open to the east.

Results on section 30520E include:

17 metres at 12.9 grams per tonne gold from 91m, including 7m at 29.4g/t gold from 94m;

5m at 7.4g/t gold from 139m, including 3m at 11.6g/t gold from 141m; and

15m at 1.8g/t gold from 79m.

Depth and strike extensions were encountered at the southwestern portion of Crow where mineralisation remains open along strike and up and down dip.

Results on section 30080E include:

24.6m at 1.4g/t gold from 345m.

New results from Aquila extended mineralisation at depth and to the southwest, again mineralisation remains open.

Results include:

Section 30080E

24.6m at 2.7g/t gold from 244.36m, including 5m at 5g/t gold from 252m; and

Section 29920E

35.6m at 1g/t gold from 419m.

“The new results at Crow continue to demonstrate potential for higher grade lodes within the large, broad mineralised zones,” De Grey Mining managing director Glenn Jardine said in the company’s ASX announcement.

“The company recently announced extensions to the northwest of Crow.

“Potential also remains for extensions to the northeast and southwest.

“Wide spaced 80 by 80 metres extensional RC drilling continues in the northwest of Crow, with assay results awaited.

“Aircore drilling further to the west of the Crow intrusive has identified areas for follow up RC drilling.

“Drilling will continue at Crow to infill and expand the mineralised footprint.

“Drilling at the western end of Aquila continues and has extended mineralisation at depth and to the west toward Falcon.

“A broad mineralised zone is present at least 400 metres below surface that includes narrower high-grade intervals.

“Total metres drilled at Hemi now exceed 200,000 metres since the discovery in December 2019.

“Seven rigs are currently operating around Hemi in support of completion of a maiden resource by the middle of 2021.”