De Grey Mining Limited (ASX: DEG) has received further outstanding results from follow up aircore drilling at the newly discovered Hemi Prospect at the Mallina Gold Project in Western Australia.
Technical Director, Andy Beckwith, said the new drill results correlate very well with the previously reported gold mineralisation, confirming a substantial steeply south dipping zone of high grade gold mineralisation.
Mineralisation is defined as 30m wide (apparent thickness), extends to 130m below surface, remaining open at depth and along strike. The weighted average grade of all results within the mineralised envelope is 5.2g/t.
Significant new results include: 44m @ 5.1g/t Au from 40m, including 13m @ 8.8g/t 46m @ 6.6g/t Au from 92m, including 21m @ 8.3g/t.
“These are stunning results – high grade, thick and consistent. Clearly, drilling below this zone and the mineralisation on Section B are two key high priority RC targets,” Mr Beckwith said.
“We are looking forward to receiving the remaining aircore drilling results and re-commencing drilling activities now the cyclone has dissipated.”
The new gold zone represents a large and broad lower grade zone of 79m @ 0.5g/t (using a 0.1g/t minimum cut off) including 8m @ 1.4g/t and 20m @ 0.9g/t (using a 0.5g/t minimum cut off).
Further deeper and more detailed RC drilling is planned to test the priority high grade zones and other anomalous target areas into the fresh bedrock and provide full coverage into fresh bedrock.