DEG 1.95% $1.05 de grey mining limited

Ann: Diucon extended to 550m depth and remains open, page-46

  1. 1,363 Posts.
    lightbulb Created with Sketch. 1977
    Thanks @Wack for highlighting the certain continuity of that insane vein, from near surface, at the northern most boundary of the Eagle resource.

    The company called it "infill" drilling but it felt to me more like DISCOVERY holes. It will continue to Go West and deeper biggrin.png, fingers crossed.

    The reality is that vein will be the first ore mined at Eagle, why wait, they could use a backhoe right now! Hence the statement:

    https://hotcopper.com.au/data/attachments/3908/3908875-3f4a9f723d0b3fab7633080da958a798.jpg

    "underground" is obvious, it will be mined if it goes deep and is economic.

    "mining and processing schedules" got my attention. Eagle is not due to start till YEAR 12!!!!!!!!!! It isn't even included in the Years 1-10 financials of the SS.

    Bull#**t. With these discoveries Eagle will start Year 1, and contribute massively to the project. 100% finance please, 1.4B SOI, no more dilution wanted or needed.

    GLTAH!
 
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