De Grey Mining Targeting Growth at Withnell South
THE CONFERENCE CALLER: De Grey Mining (ASX: DEG) announced drilling results on the eve of the RIU Explorers Conference from the company’s 10.6 million ounce Mallina gold project in the Pilbara of Western Australia. By Ngaire McDiarmid
The results included drilling undertaken at the Withnell South target of 20 metres at 1.62 grams per tonne gold from 110m and 9m at 4.6g/t from 159m in MWRC0320.
“The beauty of these new results is that it’s a completely new series of lodes south of those old pits,” executive technical director Andy Beckwith told Resources Roadhouse on the sidelines of the RIU Explorers Conference .
“These results would potentially move it [Withnell] into a bigger pit and a bigger resource, hopefully.
“And the other thing it adds … that structure we’re seeing at Withnell South hasn’t been tested along the entire 10 kilometres yet [of strike known on the mining leases].
“So, time will tell, and lots of drilling.”