Assay Results, page-3

DEG Drilling update by Doodledog;

As of 5th of July,
At Wingina, Diamond drilling is currently underway with hole WRC211D.
This initial parent hole is currently at 238m depth with a proposed depth of 450m. (1/4 mile)
As of 20th of July,
De Grey Mining Ltd (ASX: DEG, “De Grey”, “Company”) is pleased to advise that the
Wingina Deeps diamond drilling program is progressing as planned with the first hole
completed to a depth of 516.8m. Assay results expected in early August 2016.
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.

This deeper drilling will be followed by two shallow diamond holes, totalling 220m, to test the
oxide/transition portion of the Southern and Central plunging shoots within the main Footwall
Lode. The aim of these holes is to obtain detailed structural information of the fold closures

The Wingina Deeps diamond drilling programme is expected to take between 3-4 weeks
( from 5th July ) to complete with results to be reported on program completion.= ( Early Aug )


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.


At Discovery, a total of 24 R/C holes were completed over a strike length of
350 Metres.
Previous drills in this area showed:
28m @ 1.60 g/t Gold, 49 g/t Silver, 1.9%Zn, 0.94%Pb from 3m (including
11m @ 3.17g/t Gold, 94.7g/t Silver from 3m); Also;
24m @ 2.15g/t Gold, 250g/t Silver, 5.4% Zn, 2.56% from 18m (including
10m @ 3.30g/t Gold, 386.2g/t silver from 20m.)

At Tabba Tabba, drilling includes infill drilling of the known Au-Ag-Zn-Pb-Cu.....
a total of 12 R/C holes.
Initial 4m composite samples are in the process of being submitted to the laboratory
with assay results expected over the next few weeks. (Reported on 12th July)

DYOR