DEG 1.49% $1.36 de grey mining limited

Ann: Further impressive thick and high grade gold at Hemi, page-59

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  1. 660 Posts.
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    Looks like zones A and B are not connected unless at deeper depth. If the A and B intrusions are circular at given widths, the ounces contained down to 400 meters would be section A: 30m x 30m x 400m by 2.6 tons per cubic meter x 5 grams per ton (150,000 ounces). section b: 60m x 60m x 400m x 2.6 tons per cubic meter x 3 gpt (381,000 ounces), 531,000 ounces is nothing to sneeze at but far from millions of ounces I was hoping for. Still might hit something better at depth. Share price should drift lower as market digests the news.
 
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