DEG 6.99% $1.23 de grey mining limited

Ann: Thick High Grade near surface hits continue at Falcon, page-5

  1. 109 Posts.
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    Highlights:
     Best intersections:
    − 42m @ 5.2g/t Au from 47m in HERC260 (incl 31m @ 6.6g/t Au from 50m)
    − 50m @ 3.3g/t Au from 50m in HERC265 (incl 29m @ 4.6g/t Au from 50m)
     RC and diamond resource drilling confirm broad gold mineralisation previously identified
    in aircore drilling. Initial resource drilling now covers 800m strike and up to 250m depth.
    A further 2km of strike identified in aircore drilling remains to be tested. Mineralisation
    remains at depth and along strike. Additional RC and diamond results include:
    − 25m @ 2.2g/t Au from 124m in HERC256
    − 31m @ 1.5g/t Au from 211m in HERC261D*
    − 62m @ 1.5g/t Au from 143m in HERC262
    − 17m @ 1.2g/t Au from 119m in HERC265
    − 12m @ 2.7g/t Au from 52m in HERC267
    *Ends in mineralisation with a diamond tail completed and assays pending
     Recent aircore drilling extends the Falcon intrusion 500m to the south, providing an overall
    3km of strike and remains open. The intrusion is widening to the south though less
    mineralisation is noted in logging.
    − 1m @ 2.6g/t Au from 92m in BXAC530
    − 4m @ 1.1g/t Au from 64m in BXAC548
     Priority drilling programs going forward are focused on:
    − Initial testing of the 3km strike potential at Falcon with RC drilling and deeper
    diamond drilling to define the mineralised footprint prior to infill resource drilling
    − Extensional and infill drilling at Crow and Aquila
    − Aircore drilling at South Brolga and other regional intrusion targets

    It's only Monday but this LOOKS GOOD TO ME!
 
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