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- De Grey Mining (DEG) has further extended the Brolga Zone at the Hemi gold discovery in Western Australia
- The main gold mineralisation at Brolga is approximately 640 metres long by 300 metres wide
- Meanwhile, a new extension has been identified to the south, covering a 1000-metre by 200-metre area
- De Grey’s aircore drilling results now show the entire Brolga intrusion, including the south extension, is anomalous for over 100 parts per billion of gold
- Currently, two reverse circulation drill rigs and two diamond drill rigs are operating at Hemi
- De Grey is down 1.76 per cent on the market this morning and is selling shares for 83.5 cents per share
De Grey Mining (DEG) has further extended the Brolga Zone at the Hemi gold discovery.
Hemi is located approximately 60 kilometres south of Port Headland in Western Australia.
Gold endowment continues to grow at Hemi, with drilling still defining the limits of mineralisation.
The main gold mineralisation at Brolga is approximately 640 metres long by 300 metres wide and a new extension of the intrusion has been identified to the south, covering a 1000-metre by 200-metre zone.
De Grey’s aircore drilling results now show the entire Brolga intrusion, including the south extension, is anomalous for over 100 parts per billion of gold.
Results from the drilling include 26.9 metres at 1.5 g/t of gold from 269 metres and 16 metres at 1.2 g/t of gold from 202 metres.
“The potential for Brolga to expand continues to grow with an 80-metre by 80-metre reverse circulation (RC) program currently underway at Brolga (South) and Crow,” Technical Director Andy Beckwith said.
“At Crow, the initial program of 160 metres by 80 metres spaced RC drilling has recently been completed, with results expected in the coming weeks. Diamond drilling is currently focused on depth extensions beneath Aquila,” he added.
Yesterday, the company received a 93 per cent gold recovery from Hemi.
Airborne Magnetic Targets
De Grey recently completed an airborne magnetic survey, which has been reviewed and provides at least four new clusters with at least 16 individual new intrusion targets.
What’s next?
Currently at Hemi, two reverse circulation drill rigs and two diamond drill rigs are operating and are focused on step-out drilling to define the outer limits of mineralisation.
“The company’s next twelve-month drilling strategy involves expanding resources at Hemi, initially on 80-metre by 80-metre drill spacing to define inferred resources,” Andy explained.
“[Followed by] infill drilling to define indicated resources, aircore drilling for new discoveries along the Greater Hemi corridor and testing the many structural and new intrusion targets elsewhere within the 150-kilometre long Mallina Gold Project,” he added.
De Grey is down 1.76 per cent on the market this morning and is selling shares for 83.5 cents per share at 10:46 am AEST.
