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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
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Post by brandy2000on Oct 31, 2017 10:14am
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Post# 26881157

News out on new conglomerate discovery!

News out on new conglomerate discovery!"The Pilbara Gold Project – Conglomerate Gold During the quarter the Company identified the potential for conglomerate hosted gold mineralization within the Pilbara Gold Project Tenement package as follows: 12km target zone of prospective Fortescue Group rocks, including the basal Mt Roe Basalt, identified within the Pilbara Gold Project. Outcropping conglomerate identified at base of Mt Roe Basalt at “Loudens Patch” within E47/2720. 91 flattened “watermelon seed” nuggets with pitted texture detected downslope from shallow dipping to flat lying conglomerate. Louden’s Patch Target Size - 1.5km strike x 400m width x 5-10m thick."

https://hotcopper.com.au/threads/ann-quarterly-activities-report-september-2017.3802494/?source=email#.WfiE_kH7a00
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