DEG 0.64% $1.17 de grey mining limited

Ann: Further coarse gold in bulk sampling at Loudens Patch, page-5

  1. 1,270 Posts.
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    Couldn't agree more . Lovely to have some good news, especially around the consistency of the grades along the trench despite the nugget effect. That grade would make it rather economic to go after if the volume is there and approvals can be granted. No indication though around when they might also look at Jarrett Well? Given the thick bed there and the presence of pyrite, I would have thought they would be thinking about that at some stage soon as well, but I guess they need to use existing funds to complete resource drilling at the main targets first to reach that 2 mill Oz target asap and underpin a positive PFS to put us in the best position for a CR in time to meet the Indee buyout obligations.
    Anyway, another great bit of progress from DEG.
 
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