Quick summary while you are waiting for the official upload in 11 minutes
12kms of “Witswatersrand” conglomerate target identified Highlights
12km target zone of prospective Fortescue Group rocks, including the basal Mt Roe Basalt, identified within the Pilbara Gold Project.
Stratigraphy is the same as recent discoveries by Novo Resources and Artemis Resources in Karratha, being described as “Witswatersrand like”
No known sampling for gold along the 12km long target
Mapping and sampling commencing to assess the area for conglomerate hosted gold mineralisation. As a result of recent surface gold discoveries made near Karratha by Novo Resources Corporation and Artemis Resources, together with a significant “land grab” in the region,
De Grey has undertaken a project wide review. This review has identified a large target area of prospective Fortescue Group rocks in the same stratigraphic position that hosts the Novo/Artemis discoveries. Exploration Manager, Mr. Phil Tornatora, said: “The potential for Witswatersrand style gold deposits in the Pilbara is very exciting. The Witswatersrand gold deposits of South Africa are the largest in the world. The Karratha discoveries of numerous gold nuggets at surface are rare. Novo and Artemis have now confirmed high grade gold in the underlying host Mt Roe Basalt conglomerates. We are excited about the immediate commencement of evaluating this encouraging new target.”
- Forums
- ASX - By Stock
- DEG
- Ann: 12kms of Witswatersrand conglomerate target identified
Ann: 12kms of Witswatersrand conglomerate target identified, page-2
-
-
- There are more pages in this discussion • 59 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DEG (ASX) to my watchlist
|
|||||
Last
$1.22 |
Change
0.015(1.24%) |
Mkt cap ! $2.923B |
Open | High | Low | Value | Volume |
$1.21 | $1.22 | $1.20 | $11.43M | 9.413M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 563505 | $1.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.22 | 270012 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 563505 | 1.205 |
17 | 544223 | 1.200 |
5 | 67802 | 1.195 |
10 | 148365 | 1.190 |
3 | 21630 | 1.185 |
Price($) | Vol. | No. |
---|---|---|
1.220 | 187368 | 3 |
1.230 | 16466 | 2 |
1.235 | 26130 | 2 |
1.240 | 19875 | 2 |
1.245 | 10616 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
DEG (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online