DEG 4.76% $1.21 de grey mining limited

Ann: Eagle extensions to the west and at depth, page-37

  1. 4,222 Posts.
    lightbulb Created with Sketch. 6374
    Morning all.
    Having another look at the growth over the past 1 month or so and only in this 1 section of Eagle.
    Note that this is from Aug 9 which is 1 month ago and look at the interpreted strike length of 800m.
    Remains open along strike.

    https://hotcopper.com.au/data/attachments/3563/3563110-eb0654db13ea7dae03b7f37063f3f81e.jpg



    Now let's move on to yesterdays ann.
    No need to remind you all that this is Sept 9, one month later.
    Look at the interpreted size now- 950 long.



    https://hotcopper.com.au/data/attachments/3563/3563117-0c471020ec8c8fdb33b4035ca8df1166.jpg


    In 31 days that ore body has been extended 150m.
    If we use these numbers as given previously being a little conservative and we will just calculate the extension of 150m.

    So we use 150 x 200 x 350 as given above.
    SG of 2.7 and a grade of 1g/t
    150 x 200 x 350 x 2.7 x 1 / 28
    I get 1 moz from that extension alone at 1g/t.

    I am very interested in those holes I mentioned yesterday being BWAC185 & 211
    Here is the pic again.
    These are yet to further tested.


    https://hotcopper.com.au/data/attachments/3563/3563138-518d197f7d40d23d375bee1b665969c3.jpg

    I know that the mineralisation is changing somewhat with gold in the sediments and higher sulphide content in places.

    If I use these older pics to make the point.
    Note how they use the ac to search out so they can follow up with RC & DD.
    Take another look at the pic above to see the pattern of ac holes which are grid lines and over a very broad area.
    You can see what the next targets are.
    Another look below gives an idea of depth and what we may expect from those 2 ac holes.


    https://hotcopper.com.au/data/attachments/3563/3563143-06ce1b6ba986cce389f231c445c3e916.jpg

    Here is another one to show well they work in the search.
    https://hotcopper.com.au/data/attachments/3563/3563149-ad52c0e63807c169ec94d70eca25370a.jpg
    I am hoping to gain some clarity on those ac holes eg: depth, what the material was that they intersected etc.
    Will let you know when if and when I have something I can report.

    @wingedwarrior thanks for the grammar corrections, as you know, I need someone to keep an eye on that.
    I put it down to my ADHD. Changed my sentiment.

    Kind regards, Wack.
 
watchlist Created with Sketch. Add DEG (ASX) to my watchlist
(20min delay)
Last
$1.21
Change
0.055(4.76%)
Mkt cap ! $2.899B
Open High Low Value Volume
$1.19 $1.21 $1.19 $9.324M 7.770M

Buyers (Bids)

No. Vol. Price($)
3 33645 $1.21
 

Sellers (Offers)

Price($) Vol. No.
$1.21 12149 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
DEG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.