DEG 4.10% $1.40 de grey mining limited

Its the frustrating thing about a lot of the region wrt the...

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  1. 885 Posts.
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    Its the frustrating thing about a lot of the region wrt the structural gold. Always tantalizing, but rarely at an exciting grade. Did those monster nuggets at Blue Moon, and the good rock-chop grades at FM JV area come from weathering of an epi-thermal system that could contain some high grade gold, or are they part of the weathered conglomerate gold that NOVO is chasing after in the area? Some of the clues suggest if it is in a structural framework it will also be likely to be nuggety, so conventional drilling may be hit or miss, as it is for the conglomerate exploration. Never an easy road for DEG. Drilling in this area is  a bit like buying a Tattslotto ticket , there's always a chance of a bonanza hit, but mostly ends up a series of lower grade teasers. But you have to be in it to win it!
 
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$1.40
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