De Grey Mining Ltd (AU:DEG) has released an update.
De Grey Mining Ltd reports promising drill results from the Aquila and Crow deposits at Hemi, with significant mineralization found beyond current resource estimates, indicating potential for expanding the Hemi Mineral Resource Estimate. High-grade intercepts, like 23.8m at 8.7g/t gold, suggest the presence of a large mineralized system, hinting at the feasibility of future underground mining. These results could contribute to an updated resource estimate, expected before the end of 2024, and enhance the project’s already robust financial outlook.
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