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De Grey Mining: Extends Aquila zone by 400 metres

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De Grey Mining: Extends Aquila zone by 400 metres

  • De Grey Mining (DEG) has confirmed a 400-metre strike extension to the southwest of the Aquila zone
  • Aquila is located within the Hemi Gold Discovery and the strike potential nows spans over 1.6 kilometres
  • De Grey is currently undertaking a 16 hole reverse circulation drilling program to test the mineralisation along the 400-metre strike
  • To date, four holes have drilled and the company expects the program to take around two weeks with results to announced shortly after
  • Then the presence of visible gold is highly encouraging, as very little visible gold has identified in previous drilling programs
  • De Grey is up 5.66 per cent on the market this morning and shares are currently trading for 84 cents each

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