DEG 2.30% $1.11 de grey mining limited

Ann: Gold nuggets confirm important new conglomerate discovery, page-66

  1. 5,578 Posts.
    lightbulb Created with Sketch. 50
    Wow what an announcment, just quick inital thoughts.

    1.Its a Prudys repeat, ARV worth $120mill on 50% of prudys, DEG worth $240mill if they can clear off some dirt and jack hammer some nuggets.

    2.The setting is exactly the same, we have gold bearing conglomerate under the mt roe basalt, peaking out at surface dropping nuggets
    iy7.jpg
    3.Size it's a monster just like prudys, 80 nuggets in one small area....
    jkljk.jpg


    Some quick estimates of course grade will be the big determining factor we should know more on that soon, they said they will be surface trenching sooner the better.
    uyi8.jpg
 
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