De Grey Mining Ltd (AU:DEG) has released an update.
De Grey Mining Ltd’s recent presentation highlighted forward-looking statements about the financial and operational outlook of its Hemi Gold Project, cautioning investors about the speculative nature of these predictions. The production targets are primarily based on Probable Ore Reserves and Measured and Indicated Mineral Resources, with a portion derived from less certain Inferred Mineral Resources. The company reassures that no new material information has affected previous announcements, maintaining the viability of the Hemi Gold Project without dependence on the Inferred Resources.
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