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Oz junior now has tens of millions to probe Hemi

De Grey Mining now has circa A$40 million to throw at the Hemi gold discovery in Western Australia and has given itself plenty of flexibility by saying a resource estimate will be forthcoming in the second half of the year.

Oz junior now has tens of millions to probe Hemi Oz junior now has tens of millions to probe Hemi Oz junior now has tens of millions to probe Hemi Oz junior now has tens of millions to probe Hemi Oz junior now has tens of millions to probe Hemi

De Grey at Hemi in Western Australia

A planned $28 million fundraising to mainly undisclosed investors has been increased to $31.2 million (before costs), with De Grey ending the March quarter with $9.9 million cash.

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