EXPLORATION & DEVELOPMENT

Eagle set to grow at Hemi

More hits made outside resource

 Hemi exploration camp, WA

Hemi exploration camp, WA

The best result was 31m grading 3.6 grams per tonne from 241m.

Drilling is continuing at the project with about a dozen rigs in action.

De Grey's maiden's Hemi resource estimate of 192 million tonnes grading 1.1gpt was reported in June.

A scoping study is expected at the end of the quarter.

De Grey started the September period with A$71 million cash, having spent $16 million in the June quarter.

On a weak day for the gold sector, shares in De Grey were down 7% to $1.19, capitalising the company at $1.5 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.

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.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.