GMT [Dow Jones] De Grey Mining (DEG.AU) soars to 14.0 cents then eases, last up
5.3 cents or 69% at 13.0 cents on lively trading of 5.1 million shares. Jump follows news
DEG wins ballot over seven others for iron ore tenement in Pilbara - the heartland of
Australian iron ore industry. DEG says 15.5 square kilometers area contains 1,600 meters
strike length of known channel iron deposit, which "represents significant
value" to DEG. Investors have immediately recognized this as it provides DEG with
exposure to this exciting bulk industrial mineral. (RCB)
FDL
flinders diamonds limited
pilbara nearolgy
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