DGO nice breakout
Mkt Cap still only $9m and drilling soon
Recent work have identified a gold conglomerate trend similar to what DEG mapped before drilling
"Mallina Tenements, Pilbara, Western Australia
DGO Gold Limited’s (“DGO”)
Mallina tenements, as shown in Figure 1, are surrounded by Novo Resources Corporation (TSX.V: NVO) and De Grey Mining Limited (ASX: DEG).
The recent discovery of gold nuggets in Hardey Formation conglomerates by the Artemis Resources Limited
(ASX: ARV) / Novo Resources joint venture at Purdy’s Reward south of Karratha in the Pilbara, WA
and approximately 75km to the west of Mallina, has highlighted the potential for sediment hosted Witwatersrand style mineralisation in the Pilbara of Western Australia"
They even gave a map showing similar formation undercover to DEG
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