DEG 3.36% $1.39 de grey mining limited

Ann: Hemi confirms potential for major discovery, page-613

  1. 541 Posts.
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    Hey @Xenius
    Thanks for your usual objective and well thought out posts

    I don't recall seeing much commentary on follow up drilling at Antwerp also - the 2 hits noted below were not to be sneezed at either - and these were also just from the shallow air core drilling.
    (I'm sure we would all be really distressed if Antwerp is a Hemi lookalike)

    The 17 Dec 2019 announcement "New Gold Discoveries at Hemi and Antwerp" stated:
    ANTWERP PROSPECT
    At Antwerp, located approximately 5km SW of the Hemi prospect, the new aircore drilling program has intersected shallow high grade gold mineralisation in BWAC185 (6m @ 10.7g/t) and BWAC211 (4m @ 21.7g/t) hosted in a mafic intrusion with dimensions of approximately 2.5km x 1km bound by two interpreted thrusts (Figure 2). These encouraging high grade results complement historic shallow widespaced drilling (200-400m) results including 8m @ 0.8g/t Au inc. 4m @ 1.3g/t Au and 16m @ 0.7g/t Au (including. 8m @ 1.3g/t Au). Further follow-up drilling is required to better assess the potential of this prospect.

    Cheers
    IO
 
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