EXPLORATION & DEVELOPMENT

Crow hits for De Grey at Hemi

Big drill campaign continuing at outstanding gold discovery

This article is 4 years old. Images might not display.

Better results included 8m grading 4.4 grams per tonne from 94m and 10m at 3.6gpt from 156m.

According to De Grey, Crow and the three other main mineralised zones - Aquila, Brolga and Falcon - mean the Hemi system currently extends over 3000m north-south, more than 2000m east-west, and to over 400m depth.

Six rigs are on site.

De Grey is aiming for an initial resource estimate in mid-2021, with a high level of ounces in the "indicated" category being targeted.

Last month De Grey unveiled a A$100 million fund raising that priced new shares at $1.20 each.

Shares in De Grey were down 5% to $1.13 in afternoon trade, capitalising the company at $1.4 billion.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

MiningNews.net Research Report 2025

The MNN Research Report 2025 provides insights into critical mining themes in Australia/Oceania, including top projects, C-suite priorities, risk, ESG performance and investor sentiment.

editions

Mining Journal Intelligence: Investor Sentiment Report 2025

Exclusive insights into the plans, priorities and preferences of 130+ mining investors and top factors influencing investment decisions in 2025.

editions

Mining Journal Intelligence World Risk Report 2024 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 117 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

Mining Company ESG Index: Benchmarking the Future of Sustainable Mining

The Mining Company ESG Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.