DEG 0.84% $1.18 de grey mining limited

GLENN ON BLOOMBERG., page-26

  1. 4,242 Posts.
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    @CounterVin
    Hey mate, the holes have to be drilled, assayed and then modelled.
    With assays taking so long they need to determine a cutoff date.
    Our job is to have in mind the holes that come out after the cutoff date so we can keep a track of our own expectations.
    We know that since then, they have been hitting very large intersections, high grades and increasing the depth.
    From those factors we know that we have added many many more oz's to the number they will be reporting.
    A quick reference would be to have a look at the ann since April.
    I didn't attend the meeting but there was one thing that I have picked up after from some who did.
    Their Vital Statistics showing the annualised progress.
    11 rigs.
    Drilling-
    AC 260,000m
    RC 190,000m
    DD 45,000m
    Samples-
    190,000 equating to 45 Tonnes

    Let's hope they can find another Hemi or two but the oz's are now adding rapidly.

    Kind regards, Wack.
 
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