DEG 2.06% $1.19 de grey mining limited

Ann: Greater Hemi Corridor Update, page-20

  1. 183 Posts.
    lightbulb Created with Sketch. 89

    A very interesting and encouraging announcement.

    Firstly, it made sense to do this as a sort of house-keeping item to show what they know about the areas surrounding Hemi, in advance of the scoping study (to be released next week), which will focus on Hemi itself.

    Per the NR, the recently completed, first-pass RC program at Scooby has tested very little below 60m depth. So, while it might be said that none of the results stand out individually, they are - for me - indicative of a moderate to high probability of ‘more of the same’ regarding Hemi-like intrusives, in an area 2km by 2km. And I think the NR did a good job of outlining this.

    Very useful peripheral or future resource type sweetener for potential suitors.

    There was much more to the NR, but Scooby is the news I had been waiting for. I will enjoy reading all your commentary on the other pieces.

    Hold strong.

 
watchlist Created with Sketch. Add DEG (ASX) to my watchlist
(20min delay)
Last
$1.19
Change
-0.025(2.06%)
Mkt cap ! $2.852B
Open High Low Value Volume
$1.20 $1.22 $1.19 $5.423M 4.522M

Buyers (Bids)

No. Vol. Price($)
4 45410 $1.19
 

Sellers (Offers)

Price($) Vol. No.
$1.20 1000 1
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
DEG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.