DEG 0.82% $1.21 de grey mining limited

Ann: Brolga and Aquila drilling update, page-28

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    BROLGA ZONE
     Gold mineralisation extended down dip at Brolga.
     Sulphide mineralisation extends strike length a further 80m to +640m long.
     Further significant gold extensions defined in diamond and RC at Brolga
    15m @ 2.4g/t Au from 40m in HERC035D
    38m @ 1.6g/t Au from 168m in HERC035D

    29m @ 1.1g/t Au from 148m in HERC037D (Precollar only)

    AQUILA
     RC and diamond drilling continues to confirm gold mineralisation at Aquila
     Further significant gold extensions defined in diamond and RC
    16.2m @ 3.3g/t Au from 249.3m in HEDD003
    8.95m @ 1.0g/t Au from 303m in HEDD003
    6.2m @ 2.0g/t Au from 344.8m in HEDD003
    6m @ 2.4g/t Au from 80m in HERC031 (EoH)
    26m @ 1.5g/t Au from 83m in HERC038




    I know a lot of peeps are disappointed by the results.
    But IMO the above highlighted grades and depths are really good.

    Maybe we are all too excited, and expect ready gold bars in the ground. LOL

    DEG will be a great miner in the future because it has the grades to justify & start off
    a mining operation, and once in place it can process most grades over 1g/t profitably.

    The sheer scale of what we have discovered so far is big, and it can only multiply.



 
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