DEG 1.41% $1.08 de grey mining limited

Ann: Significant Falcon extensional & resource definition results, page-2

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    “Extensional drilling at Falcon has identified strong mineralisation to 300 vertical metres.
    Mineralisation has also now been extended to 500 vertical metres in drilling on 160 metre line spacing. Drilling will continue at depth following higher grade lodes.
    Mineralisation remains open below 500 metres. Resource definition drilling above 300 vertical metres has intersected strong mineralisation at encouraging gold grades over wide intervals.
    This drilling is being conducted to support the maiden resource estimate due for delivery in mid-2021. The Company is also conducting RC drilling across Greater Hemi.
    Drilling continues to the west and north of Diucon and Eagle.
    A wide spaced RC drilling program is in progress at Scooby testing geochemical and induced polarisation (IP) anomalies. This drilling is expected to be completed in June with results following


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    * Section 7691920N (Figures 3) shows the continuity of mineralised system to at least 500m in HERC580D, and mineralisation remains open at depth.

    * Section 7691400N (Figure 4) shows the mineralised system increasing in width and gold endowment below hole HERC263D in HERC408D and HERC588D and remains open at depth

    * The Falcon intrusion extends for at least another 2km to the south of known mineralisation.
    Last edited by OpenSeason: 27/05/21
 
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