DEG 0.80% $1.24 de grey mining limited

Well certainly Andy and Team might be casting their eyes over...

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    Well certainly Andy and Team might be casting their eyes over that old drill core in the shipping container at some stage. They certainly had a good initial look at Tabba Tabba shear some time ago after the initial VMS discoveries further west at Orchard Tank and Discovery etc, hoping to find either gold or a larger VMS deposit of Zinc/Silver/Lead/Copper, but then ran out of funds.

    All before the lithium excitement and before they worked up the King Col area for lithium in 2018. The fun thing about that area is it is rather complex and unpredictable. They drilled for gold along the Tabba Tabba shear and found VMS lead/zinc instead, then they drilled for VMS and found gold. So maybe they found lithium without ever assaying for it? The important think is that whatever they do up there it is likely to be interesting. The old CEO Dennis O'Meara was fairly confident they had a commercially viable VMS deposit in that area but needed to do the extensive VMS drilling to work it up to scale and was hoping a mid-cap would JV into it to do the heavy lifting. It never happened, but hopefully once DEG has an income stream and becomes a self-funding mid-cap itself, its game-on for playing with VMS, Lithium and even Iron Ore if they decide to do anything with the extensive deposit at Beyondie Bluff

    https://degreymining.com.au/wp-content/uploads/2016/07/High-Grade-Zinc-mineralisation-defined-at-Tabba-Tabba.pdf
 
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