De Grey updates conglomerate gold mineralisation at Pilbara project

Image: De Grey

De Grey Mining has announced the upgrade of conglomerate-style gold hosting at its Pilbara gold project near Port Hedland, Western Australia following the discovery of nuggets during orientation sampling.

Following significant earlier discoveries, Loudens Patch, Jarret Well and Steel Well were chosen for continued study by the company.

Results include discovery of a small specimen of fine-grain gold hosted in laminated clastic sediment; two nuggets discovered at the southeastern end of Loudens Patch; detailed stratigraphic maps of conglomerate sequences; and the delineation of effective sampling mediums.

In addition, De Grey conducted stream sampling, which returned the following results:

  • Loudens Patch saw eight of 10 samples show visible gold over a 1000m strike length
  • Jarret Well saw all of its five samples return visible gold over 550m,
  • Steel Well saw three of five samples return visible gold over 700m.

Over 200 nuggets have now been recovered from the project and a program of works (POW) for initial earthworks and bulk sampling has been approved.

Last week, De Grey finally commenced RC (reverse circulation) drilling at the Mt Berghaus gold deposit within its Pilbara gold project following delays brought about by inclement weather.

That drilling program is intended to upgrade resources as part of the comapny’s Pilbara gold project pre-feasibility study (PFS), with initial drilling expected to be complete by April, at which point further drilling will commence at the Hester, Amanda, Toweranna and Mallina deposits.

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