All six deposits remain open at depth and along strike .....HEMI WILL GROW MUCH BIGGER !!!
Hemi Resource
The Hemi deposit is located in the central portion of the company’s Mallina gold project, which comprises a package of contiguous landholdings covering over 1,500sqkm about 60km south of Port Hedland.
Port Hedland’s position as Australia’s largest export port for iron ore also means the Mallina project is in close proximity to a large mining service industry and major infrastructure network, including major highways, international airport, power station and port facilities.
Hemi itself was first discovered in November 2019 and consists of the Brolga, Aquila, Crow, Falcon, Diucon and Eagle deposits.
The 6.8Moz resource estimate is based on 688 reverse circulation holes totalling 134,166m and 169 diamond holes totalling 69,061m, or a total of about 203,228m of drilling.
Its potential to grow is highlighted by the fact that drilling used for the resource estimate represents just about half of the over 400,000m of drilling that has been completed to date.
And the company is still drilling.
All six deposits remain open at depth and along strike with the extension and infill drilling aimed at further improving the Hemi resource.
Drilling over the next 12 months will also look to improve the company’s coverage of the Greater Hemi area for new discoveries.
- Forums
- ASX - By Stock
- DEG
- Ann: 6.8Moz Hemi Maiden Mineral Resource drives MGP to 9.0Moz
Ann: 6.8Moz Hemi Maiden Mineral Resource drives MGP to 9.0Moz, page-73
-
- There are more pages in this discussion • 226 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DEG (ASX) to my watchlist
|
|||||
Last
$1.14 |
Change
0.050(4.59%) |
Mkt cap ! $2.732B |
Open | High | Low | Value | Volume |
$1.12 | $1.15 | $1.10 | $13.39M | 11.83M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 380096 | $1.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.15 | 204419 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 42659 | 1.140 |
1 | 13312 | 1.135 |
5 | 20121 | 1.130 |
2 | 33312 | 1.125 |
4 | 31512 | 1.120 |
Price($) | Vol. | No. |
---|---|---|
1.150 | 23712 | 3 |
1.155 | 30482 | 3 |
1.160 | 24812 | 4 |
1.165 | 23312 | 2 |
1.170 | 17166 | 3 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
DEG (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online