DEG 1.24% $1.22 de grey mining limited

Ann: Significant High-Grade Gold intersected -Toweranna Prospect, page-45

  1. 4,222 Posts.
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    @AlbertaRounder I wish it were that simple and I understand your point.
    I think this dumb behavior will result in a rapid accumulation by Kirkland and by mid next year this may become part of KLA.
    Just hope I can get more in the meantime.
    It's sentences like this that get me excited.

    "Large pipeline of 41 untested gold anomalies
    > 200 kms of mineralised shear zone"





    And this, in the last ann, 450m strike length.
    With more news coming continuously I am sure it will excite a lot of others also.
    January and we will have a good understanding of the fines grade in the conglomerate out of arv.
    Results from Blue Moon maybe this week but certainly by early Jan.
    Remember this is all imho.
    Wack.

    "The recent RC drilling program has successfully returned numerous high-grade intercepts within a continuous zone of gold mineralisation, approximately 450m strike length, around the southern and western margin of the granite intrusion to a depth of around 100-120m. Importantly, the gold mineralisation remains open at depth with numerous high-grade zones indicating deeper underground potential. This drilling has the potential to significantly increase the existing resource (JORC 2012) of 0.43Mt @ 2.9g/tAu for 40,700oz.
    Planning is underway on a program of step-out RC and diamond drilling to further extend the high-grade mineralisation at depth, infill for resource conversion and to obtain detailed geological controls on the mineralisation for resource estimation and metallurgy of the oxide and fresh material."
 
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