De Grey Mining Ltd (AU:DEG) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
De Grey Mining Ltd has shared updates on its Hemi Gold Project, emphasizing the robust production targets supported by substantial Probable Ore Reserves. The company highlights that 99% of the project’s life of mine production is underpinned by these reserves, with only 1% classified as Inferred Mineral Resources. Investors are advised that further exploration is needed to confirm these targets, although current assumptions remain unchanged from recent announcements.
For further insights into AU:DEG stock, check out TipRanks’ Stock Analysis page.