Announcement Date: 2022-11-22
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: De Grey Mining Ltd.
Project name: Mallina
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 2m at 261g/t Au from 36m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: De Grey Mining Limited (ASX: DEG, “De Grey”, “Company”) provides an exploration update on recent drilling activities within the Greater Hemi Corridor as shown in Figure 1. Results cover AC and RC drilling undertaken along a North-East trending structural corridor from Antwerp in the South-West to Mt Berghaus 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. The Greater Hemi Corridor contains numerous gold anomalies in drilling and defines distinct gold trends referred to below (Figure 1). The corridor hosts large scale deep seated regional structures and multiple intrusions identified by logging and bottom of hole multielement geochemistry. Many of these intrusions are geochemically similar to intrusions known to host mineralisation at Hemi (Figure 1).
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