Ann: High gold recoveries also achieved at Falcon and Crow, page-13

De Grey Mining (ASXEG) pulls more high-grade gold recoveries from Hemi

Mining

ASXEG MCAP $1.253B

Lisa Simcock Markets Reporter [email protected] 21 September 2021 09:30 (AEST)


Source: De Grey Mining

Subscribe

Be the first with the news that moves the market

• Daily digest
• Weekly summary

• De Grey Mining (DEG) records further high-grade gold recoveries at Falcon and Crow zones, located within Hemi
• Testwork was conducted on five individual composites from Falcon and on five individual primary composites from Crow
• Falcon showed an average recovery of 94.2 per cent, while Crow's average recovery was 96.8 per cent
• The tail grades at both Falcon and Crow were less than 0.1g/t, which De Grey labelled "very encouraging"
• Just before the market opens for the day, De Grey last traded at 97 cents per share

De Grey Mining (DEG) has reported high-grade gold recoveries at Falcon and Crow zones, located at Hemi, around 60 kilometres south of Port Headland in WA.
The recoveries were found from metallurgical testwork results, which follows from the previously reported metallurgy results at Brolga and Aquila zones.
Testwork was conducted on five individual composites from Falcon and five individual primary composites from Crow.
At Falcon, results showed an average recovery of 94.2 per cent, with an average head grade was 1.4 grams of gold per tonne (g/t) to 2.1g/t.
While Crow's average recovery was 96.8 per cent, with an average head grade of 2g/t.
The tail grades at both Falcon and Crow were less than 0.1g/t, which De Grey labelled "very encouraging".
Managing Director Glenn Jardine said the testwork results continues to show encouraging gold recoveries.
"These results from Falcon and Crow are consistent with the positive
results previously achieved from the Brolga and Aquila zones at Hemi. The consistently low tail grades achieved in testwork at Hemi will be carried through into project studies and evaluations," he said.
"Metallurgical testwork continues to provide confidence in the multiple pathways available to achieve high gold recoveries from Hemi and the regional deposits across the Mallina gold project."
Testwork continues across all Hemi deposits and will include Diucon and Eagle, which is considered to have similar mineralisation to the previously tested zones at Hemi.
Just before the market opens for the day, De Grey last traded at 97 cents per share.