DEG 1.36% $1.23 de grey mining limited

de grey reports continued 'excellent' results

  1. 4,756 Posts.
    De Grey reports continued 'excellent' results
    09:01, Wednesday, 27 April 2005

    Sydney - Wednesday - April 27: (RWE Australian Business News) -

    De Grey Mining Ltd (DEG) reports it continues to achieve excellent
    drilling results from its 100%-owned Turner River Province, 60 km south
    of Port Hedland.

    This includes a new high-grade intersection at Amanda (formerly
    Turner) of 8 metres at 17.13 g/t gold which includes 2 metres at 46.35
    g/t gold.

    Phase two of the exploration joint venture between Impala
    Platinum and De Grey continued with favourable results. Drilling at
    Joshua East produced an intersection of 14 metres at 1.32 PGE (Pt+Pd+Au)
    PGE mineralisation now extends over a strike length of 5.5 km.

    The next drilling program is currently being planned.

    ENDS

 
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