Ann: RC drilling program completed at the Turner River Project-DEG.AX, page-17

A quick refresher for next weeks announce??

Drilling is underway at the main Wingina Well gold deposit to increase the
confidence in the resource at depth and advance the near-term development
of the project.

On the 5th June it was reported;
The Wingina Deeps diamond drilling programme is expected to take between 3-4 weeks to
complete with results to be reported on program completion.

This drilling is currently underway on section 22080E (Fig 1 and 2) with hole WRC211D
targeting a 150m down plunge step out of the high grade Footwall Central Lode. The initial
parent hole is currently at 238m depth with a proposed depth of 450m. Additional holes and/or
daughter holes off this initial parent hole will be completed in order to further test the target zone
on this section.

Simon Lill said, “In my opinion, the current Wingina resource camouflages
a nice, high-grade gold system and there is lots of potential at depth.”
Intercepts in the Footwall Central Lode below Wingina include some
exceptional widths and grades such as 4m at 10.7g/t gold, and 10m at 15.1g/t.


De Grey Executive Chairman Simon Lill comments:
“We view this as a high impact programme. We are working towards an open pit mining
development based upon the existing Wingina Well resource. The successful testing of
this high grade plunging shoot at depth will significantly increase our resource base and
provide confidence that we can increase the potential mine life through underground
operations.