EXPLORATION & DEVELOPMENT

More drilling success at Hemi as broker predicts big resource estimate

Having jumped 30% on its last trading day and passing a capitalisation of A$600 million as it reported a major extension of mineralisation at its Hemi discovery, De Grey Mining has announced further success from the fast-emerging prospect located near Port Hedland in Western Australia.

 Rigs and a resource estimate on the horizon at Hemi, WA

Rigs and a resource estimate on the horizon at Hemi, WA

The latest headline hit is 41m grading 6.8 grams per tonne gold from 181m at the Aquila zone, representing an 80m strike extension to the east. Aquila, Brolga and Crow are the three main gold zones...

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