Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Australia
  4. Australian Stock Exchange
  5. De Grey Mining Limited
  6. News
  7. Summary
    DEG   AU000000DEG6

DE GREY MINING LIMITED

(DEG)
  Report
End-of-day quote. End-of-day quote Australian Stock Exchange - 10/27
1.09 AUD   -2.68%
10/21DE GREY MINING : Raises More than $93 Million for Project Development, Exploration
MT
10/19DE GREY MINING : Launches Nearly $94 Million Placement
MT
10/13DE GREY MINING : Hits Gold at Mallina Project
MT
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

De Grey Mining Limited Reports Latest Exploration Results from the Eagle Prospect at Hemi

09/08/2021 | 06:45pm EDT

De Grey Mining Limited reported latest exploration results from the Eagle prospect at Hemi. The gold mineralisation at Eagle shows similar alteration and sulphide development as seen at the adjacent deposits of Aquila, Brolga, Crow, Falcon and Diucon. However, like Diucon, Eagle also shows overprinting quartz veins which carry visible gold and high grades. The mineralised intrusion at Eagle has now been intersected for 950m along strike, 200m in width and 350m in depth and remains open. Recent drilling up to 160m to the west of the current resource model has shown that the Eagle mineralisation extends at depth in this direction. Drill hole HERC804DW1 intersected 70.8m @ 1.0g/t Au* from 318.2m and 26.6m @ 0.8g/t Au* from 429.8m, encompassing higher grade zones including 5m @ 8.3g/t Au 367m on section 28080E. Mineralisation is open to the west toward Antwerp. Drill hole HERC849 intersected 84m @ 2.8g/t Au* including 9m @ 17.3g/t Au on section 28160E. This intersection lies to the north of interpreted lodes in the current resource model and may represent an additional zone. Mineralisation has been intersected on sections 28320E and 28800E, 100m to 200m south of the main Eagle lodes, between Diucon and Eagle. This demonstrates potential for additional subparallel lodes in this area. A high grade intercept of 19m @ 11.6g/t Au was returned from sediments in HERC765 on section 28480E. This lies north of interpreted lodes in the current resource model and may represent an additional zone to the north. Drilling is also targeting potential extensions to the south-west towards Antwerp, and to the north-west, where previously reported significant intersections include 15m @ 5.5g/t Au in HERC875 from 257m. Resource definition drilling since the maiden MRE at Diucon and Eagle has increased from 80m x 80m to 80m x 40m. Recent extension drilling at Eagle also demonstrates potential to significantly increase the current MRE. Significant Drill Results: Section 28080E 70.8m @ 1.0g/t Au from 318.18m* in HERC804DW1, including 5m @ 8.3g/t Au from 367m; 26.6m @ 0.8g/t Au from 429.77m* in HERC804DW1; Section 28160E: 84m @ 2.8g/t Au* from 136m in HERC849, including 9m @ 17.3g/t Au from 168m; Section 28320E: 25m @ 2.7g/t Au* from 149m in HERC883D, including 8m @ 4.8g/t Au from 149m and 3m; @ 9.1g/t Au from 165m; Section 28480E: 19m @ 11.6g/t Au from 136m in HERC765.


ę S&P Capital IQ 2021
All news about DE GREY MINING LIMITED
10/21DE GREY MINING : Raises More than $93 Million for Project Development, Exploration
MT
10/19DE GREY MINING : Launches Nearly $94 Million Placement
MT
10/13DE GREY MINING : Hits Gold at Mallina Project
MT
10/12De Grey Mining Limited Announces Positive Regional Results At Withnell Calvert and Gill..
CI
10/05Australia shares nearly flat as financials' losses offset tech, healthcare gains
RE
10/05DE GREY MINING : Surges 10% Following Decision to Progress Mallina Gold Mine to Prefeasibi..
MT
10/04De Grey Mining Limited Presents Range of Outcomes of the Scoping Study Completed on Its..
CI
09/30DE GREY MINING : Discovers Mineralization at Greater Hemi Corridor
MT
09/29Miners, financials help Australia shares snap two-day loss
RE
09/29De Grey Mining Limited Announces Greater Hemi Corridor Update
CI
More news
Financials
Sales 2022 - - -
Net income 2022 -1,00 M -0,75 M -0,75 M
Net Debt 2022 - - -
P/E ratio 2022 -
Yield 2022 -
Capitalization 1 409 M 1 058 M 1 058 M
Capi. / Sales 2022 -
Capi. / Sales 2023 -
Nbr of Employees -
Free-Float 70,7%
Chart DE GREY MINING LIMITED
Duration : Period :
De Grey Mining Limited Technical Analysis Chart | DEG | AU000000DEG6 | MarketScreener
Technical analysis trends DE GREY MINING LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Last Close Price 1,09 AUD
Average target price 1,82 AUD
Spread / Average Target 67,0%
Managers and Directors
Glenn Robert Jardine Managing Director & Director
Peter Canterbury Chief Financial Officer
Simon Richard Lill Executive Chairman
Andrew Francis Beckwith Executive Director & Technical Director
Peter John Hood Lead Independent Director
Sector and Competitors