DEG 1.07% $1.18 de grey mining limited

Ann: Soil sampling defines Li2O anomaly at King Col Trend, page-2

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    Highlights - King Col Pegmatite Trend
     
     Initial soil sampling completed over 1.6km strike

    Strong, coherent 1.2km plus long lithium anomaly defined in soil sampling - remains open to the east

    Peak results of 947ppm Li2O and 342ppm Ta2O5

    Coincident with previous anomalous rock chip sampling peaking at 4.2% Li2O

    Prospective for Lithium-Caesium-Tantalum (LCT) style pegmatite hosted mineralization

    No modern pegmatite exploration known along this new pegmatite trend

    Ongoing program of infill and extension sampling continuing during December


    Comment by Chairman, Simon Lill
    “De Grey’s Turner River Project continues to yield strong exploration targets including gold, base metals and now lithium.
    This lithium rich soil anomaly along the south western end of the King Col Pegmatite Trend is clearly developing into a large scale target.
    The Company will continue to better define and extend the target with additional soil sampling during December to define drill targets.”
 
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