De Grey to expand Hemi gold
De Grey Mining (ASX: DEG) will expand operations at its Hemi gold deposit in WA following strong results from recent drilling.
New results extend mineralisation at the Eagle zone by 200m, with mineralisation still open down plunge and along strike.
Discovery and resource extension drilling will continue within the Hemi area and at regional targets. Gorrion and Antwerp will see continued exploration with reverse circulation drilling.
De Grey exploration general manager Phil Tornatora says this supports the expansion at Hemi.
“Further significant intercepts continue to extend Eagle at depth,” he said.
“In addition to potential resource increases, deeper drilling at Hemi will support our conceptual studies into potential underground mining in the future.
“Deeper diamond drilling is now focussed on extending the Aquila mineralisation at depth, with diamond drilling also being planned for Falcon and other targets.”
These results enhance future underground mining potential and provide an upside to the production metrics in De Grey’s September 2023 Hemi Definitive Feasibility Study.
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