De Grey Mining (DEG) has released further drill results for the Brolga Zone of the Hemi Prospect. The rapid growth of this zone is continuing, with the mineralised strike extended a further 220m to 560m. The surface footprint is up to 300m wide and mineralisation has been intercepted in excess of 300m below surface. The developments from today’s announcement were the presence of mineralisation in the footwall and hangingwall sediments and the potential for significant depth potential from unassayed diamond holes, which have picked up the host intrusive geology down to ~400m below surface. Drilling is ongoing with three rigs operating. SPEC BUY recommendation.
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