De Grey Mining Reports AC and RC Drilling Results From Antwerp Target
THE DRILL SERGEANT: De Grey Mining (ASX: DEG) reported on recent exploration drilling activities within the Greater Hemi Corridor within the company’s 100 per cent-owned Mallina gold project in the Pilbara region of Western Australia.
De Grey Mining conducted AC and RC drilling along a North-East trending structural corridor from the Antwerp target in the South-West to the Mt Berghaus target in the North-East, referred to as the Greater Hemi Corridor.
This structural corridor represents a greater than 15km long by 10km wide trend that extends east and west of the main Hemi deposits.
Results from continued AC drilling along the Antwerp trend include:
HEAC920
2m at 261 grams per tonne gold from 36m;
HAC654
1m at 41.6g/t gold from 59m; and
HAC349
3m at 2.7g/t gold from 57m.
Results from first pass reverse circulation (RC) drilling at Antwerp include:
HMRC197
6m at 4.4g/t gold from 28m;
HMRC167
6m at 2.1g/t gold from 43m; and
HMRC198
25m at 1g/t gold from 78m.
“Recent aircore and RC drilling has identified new prospective altered intrusions, anomalous gold zones and areas of encouraging multi-element geochemistry within the 15km long by 10km wide Greater Hemi Corridor, east and west of the existing deposits at Hemi,” De Grey Mining technical director Andy Beckwith said in the company’s ASX announcement.
“The discovery and recent growth of the Diucon and Eagle deposits, below an area of relatively weak aircore geochemistry results, provides encouragement with these new results that further gold mineralisation will be discovered along the Greater Hemi Corridor as drilling progresses.
“Infill aircore and deeper RC drilling will be undertaken based on ranked priorities and completion of heritage surveys.
“RC drilling will recommence in the New Year at Antwerp, to the west of Diucon and Eagle, to better test this prospective trend.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
