DEG 1.62% $1.22 de grey mining limited

Ann: Hemi continues to Grow, page-42

  1. LPN
    142 Posts.
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    I'm expecting the Diamond drilling grades to be better than the last lot of figures - RC collar not expected to contain anything and still gave 43 @ 1.9 & 36 @ 3.2. Both 100g.m intercepts with parts of them at UG-potential grades. Imagine what the "target" part of the hole will be. So got to agree, plenty of dry powder out there still to come.

    This Hemi is starting to feel very analogous to the Tindals deposits in Coolgardie. Diorite intrusives fed by an open regional fault (Antwerp) that sucked a bunch of gold out of the nearby granites. Multiple lodes, probably on multiple intrusives with a few folded ones to keep things interesting. Not as high in grade as Tindals yet but similar footprint so far and still plenty of real estate with no holes in them and nothing yet at the granularity to determine what the high grade actually could be. Potentially just as big or maybe even bigger.
 
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