Mineralisation at both Eagle and Diucon remains open along strike and at depth.
The company’s geotechs believe the results from the latest drilling at both targets reflect an association of higher grades along inflections on major shear zones.
Quartz veins on-site at these shear zones, the company says, are often speckled with visible gold. The drilling carries on as De Grey kicked off a new campaign for the June quarter at its Hemi deposit.
“Following completion of resource definition drilling to support the DFS, the focus has shifted to exploration drilling … [finding] significant extensions to mineralisation at depth at Eagle and along strike at Diucon,” DEG Exploration Chief Phil Tornatora said.
“In addition to potential resource increases, deeper drilling at Hemi will support early conceptual studies into potential underground mining … the shallower Diucon extensions have the potential to result in an expansion of the Diucon-Eagle open pit shell outline.”
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