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De Grey's maiden Hemi gold estimate ahead of analyst expectations

DE GREY Mining’s Hemi discovery in Western Australia contains nearly seven million ounces according to the company’s maiden estimate, with a potential “tier one” production scenario to emerge next quarter following completion of scoping work.

Michael Quinn
De Grey's expectations are to be drilling and finding ounces for many years to come in the Pilbara region of Western Australia

De Grey's expectations are to be drilling and finding ounces for many years to come in the Pilbara region of Western Australia

The 192 million tonnes grading 1.1 grams per tonne gold for 6.8 million ounces includes 66Mt at 1.3gpt for 2.8Moz in the "indicated" category. Various analyst estimates for the maiden Hemi estimate...

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