Intersects Consistent Extensive Gold Endowment At Falcon
De Grey Mining Limited (ASX: DEG) has expanded the promising Falcon intrusion at the Hemi Gold Discovery, located approximately 60km south of Port Hedland in Western Australia.
The Falcon intrusion is located approximately 600m west of the Brolga intrusion and immediately south of Aquila. Strong mineralisation has been defined over a strike length of approximately one km. The bedrock mineralisation is covered by approximately 30m to 40m of transported material. This cover is similar to the Aquila, Brolga and Crow deposits.
The mineralisation at Falcon is intimately associated with highly brecciated and extensively sulphide altered portions of the north-south orientated subvertical intrusion. The style and
Step out and infill RC and diamond drilling results demonstrate consistently thick zones of gold mineralisation up to 80m wide, 350m down dip and over one km in strike. Mineralisation remains open at depth along the entire strike. Drilling will continue to expand the mineralisation at Falcon to define a resource in mid-2021.
RC drilling is continuing on an 80m x 40m pattern, with diamond tails to test mineralisation at depth.
Managing Director, Glenn Jardine, said the consistency of mineralisation at Falcon is demonstrated on section 1691720N where infill drill hole HERC424 intersected 92m @ 1.3gt/t Aufrom 124m approximately 50 metres up dip of the previously reported intersection of 92m @ 1.3g/t Aufrom 167m in HERC233D.
RC drilling up-dip of previous RC hole HERC256 on section 7691560N intersected 22m @ 2.0g/t Aufrom 93m. Mineralisation on section 7691560N remains open at depth with assays awaited in drill hole HERC401D.
“The latest results at Falcon demonstrate the consistently high gold endowment of this zone along a strike of 1,000m and to a depth of at least 350m. Mineralisation remains open down dip, along this strike and up dip on some sections. Drilling will continue to expand the mineralisation at Falcon to define a resource in mid-2021,” Mr Jardine said.
“The company has recommenced its drilling program with eight drill rigs operating on site – two aircore rigs, three RC rigs and three diamond rigs. As well as delineating the existing zones at Hemi, aircore and RC drilling is progressively expanding to known and new intrusive targets in the Greater Hemi area.
“Aircore and RC drilling to identify new zones outside Hemi is currently focused to the north and west of Crow.”