DEG 1.61% $1.07 de grey mining limited

Ann: Mallina Gold Project Resource Statement - 2022, page-3

  1. 264 Posts.
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    Increase in indicated at Hemi from 2.8 Moz to 5.8 Moz open pit 350m RL classification. This is huge for the PFS which is underway, now DEG can basically double the resource included in the PFS = expect a significantly larger NPV and IRR from the PFS compared to the scoping study. Will be interesting to see if they choose to increase plant throughput or LoM to get through all those ounces.

    Excellent result.
 
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