DEG 0.41% $1.22 de grey mining limited

Ann: Trading Halt, page-28

  1. 8,972 Posts.
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    Guys it is obviously good news ..........

    "including observations from the initial RC drilling program at the Hemi Prospect"

    There is no 'core' to view with RC drilling, just rock chips, and chewed quartz/dirt/rock, into 'dirt' size.

    You cannot determine what the grade is from visuals, even 10g/t you most likely wouldn't see.

    Therefore if they can see 'something' it has to be high grade. How much, over what distance etc will have to wait for assays, but safe to assume they have hit a high grade interval with the first RC hole.

    I was hoping for some more AC results, but will take some visual gold on first RC hole thank you very much..
 
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