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De Grey Mining Ltd DGMLF

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

Post by arh0070on May 30, 2018 8:54am
129 Views
Post# 28097953

De grey

De greyDe grey up just a little overnight in Australia ,Kairos and artemis both up significantly as is Novo .So this is turning into a regional play which I have seen in the past with potentially all boats (including leaky ones )being raised up.This in my opinion is just the beginning of the excitement ,the exploration  season has at least 6 months to run until the pilbara shuts down for the hot weather season .Probably the best place in the world to invest in small gold mining stocks right now  as Australia is a friendly jurisdiction ,is underexplored compared to the US and Canada and it seems like many of the finds are near the surface .This applies for both gold ,base metals ,cobalt and lithium .the pilbara though it has been known as a place to find gold for a hundred years has not been explored much with modern techniques until very recently because of its remoteness,lack of water and extreme weather conditions at some times of the year .The only “fly in the ointment “ that I can see is the Western Australian government is short of money and talking about raising mineral taxes .
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