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De Grey Mining Ltd ( (AU:DEG) ) has issued an update.
De Grey Mining Ltd announced significant new diamond drilling results beneath the Hemi Definitive Feasibility Study pit design for the Eagle deposit, revealing impressive gold grades and widths that suggest potential for future underground mining. These results extend the known mineralization significantly, indicating potential upside for the Hemi DFS and demonstrating the ongoing exploration success and future production potential at the site.
More about De Grey Mining Ltd
De Grey Mining Ltd is a mining company focused on the exploration and development of gold deposits. The company is primarily engaged in advancing its Hemi Gold Project, which is a significant focus in the gold mining industry.
YTD Price Performance: 12.73%
Average Trading Volume: 44,332
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.01B
Find detailed analytics on DEG stock on TipRanks’ Stock Analysis page.