DEG 4.10% $1.40 de grey mining limited

Further coarse gold in bulk sampling at Loudens Patch ➢ Visible...

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    Further coarse gold in bulk sampling at Loudens Patch ➢ Visible coarse gold extended in trial trenching and bulk sampling.➢ Gravity gold concentrates average 3g/t within the conglomerate unit when crushed to <1.2mm with potential for grade increases when the fine fraction is analysed.➢ Gold grades recorded to date suggest the conglomerate gold mineralisation could potentially provide an additional source of high grade feed to the proposed 2Mtpa plant De Grey is currently evaluating to treat the conventional shear zone hosted resources at the PGP, although they will not form part of the studies currently underway. De Grey Mining Ltd (ASX: DEG, “De Grey”, “Company”) is pleased to provide a further update on conglomerate gold exploration activities and the continuation of positive results from the trial bulk sampling at Loudens Patchwithin the Pilbara Gold Project, located near Port Hedland in the Pilbara region of Western Australia. Continued trenching and bulk sampling has extended visible coarse gold within the first trench (“LTR001”) now over a total strike length of 20m, as well as along the first 4m of the second trench (“LTR002”)
 
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