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De Grey Mining Ltd DGMLF

Metals & Mining Gold
De Grey Mining Limited is an Australia-based gold explorer and project development company. The Company’s activities are focused on the 100% owned Hemi Gold Project in the Pilbara region of Western Australia. Hemi is positioned in the central region of the Company’s 1,500 square kilometers (km2) Hemi Gold Project and is located within 10 kilometers (kms) of two sealed highways, approximately 5 km from a gas pipeline and less than 30 km from an electricity transmission line. The tenement package is highly prospective for gold, other precious metals and also comprises significant base metals resources (Zn-Ag-Pb) as well as lithium prospects. Gold mineralization at Hemi is hosted in a series of intrusions associated with stringer and disseminated sulfide rich zones. Hemi comprises six main zones: Aquila, Brolga, Crow, Diucon, Eagle and Falcon. The Greater Hemi region, located within a 15 km radius of Hemi, includes four intrusion targets: Shaggy, Scooby, Antwerp and Alectroenas.


OTCPK:DGMLF - Post by User

De Grey Mining Ltd > News > Discovery of thick conglomerates and gold 12K
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Post by brandy2000on Oct 30, 2017 9:17am
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Post# 26875375

News > Discovery of thick conglomerates and gold 12K

News > Discovery of thick conglomerates and gold 12KShould gap up this morning.

"Discovery of thick conglomerates and gold nuggets confirms potential of 12 km target Highlights Pitted and flattened gold nuggets confirm two new conglomerate discoveries - Jarret Well and Steel Well - within 12km target area and separate from Loudens Patch. Highly prospective pyrite bearing lower conglomerate bed appears similar to gold bearing rocks reported at Purdy’s Reward (Novo/Artemis) near Karratha. Conglomerates interpreted to be same unit providing over 2.5km of continuous strike length based on geophysical and aerial photography interpretation. Unit remains open to the north and dipping beneath Mount Roe Basalt."

https://hotcopper.com.au/threads/ann-new-conglomerate-gold-nugget-discoveries.3796383/#.Wfcl7UH7a00
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