http://www.proactiveinvestors.com.au Proactiveinvestors RSS feed en Thu, 23 Nov 2017 14:42:44 +1100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - De Grey's Simon Lill discussed Australia’s Pilbara Goldrush at Proactive's CEO Sessions ]]> http://www.proactiveinvestors.com.au/companies/news/187187/de-grey-s-simon-lill-discussed-australias-pilbara-goldrush-at-proactive-s-ceo-sessions-187187.html De Grey Mining Ltd's (ASX:DEG) chairman, Simon Lill, joined Proactive's CEO Sessions in Melbourne and Sydney this week.

De Grey is strategically positioned in the Pilbara, owning the low-risk Pilbara Gold Project which currently hosts 1.2 million gold ounces, and is growing.

The company also has three conglomerate gold targets with water melon seed shaped gold nuggets shedding from conglomerate outcrops.

Kirkland Lake Gold is investing $5 million in the company.

ACCESS THE FULL PRESENTATION HERE

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Thu, 16 Nov 2017 11:37:00 +1100 http://www.proactiveinvestors.com.au/companies/news/187187/de-grey-s-simon-lill-discussed-australias-pilbara-goldrush-at-proactive-s-ceo-sessions-187187.html
<![CDATA[News - De Grey Mining’ shares surge on finding more gold nuggets in the Pilbara ]]> http://www.proactiveinvestors.com.au/companies/news/186455/de-grey-mining-shares-surge-on-finding-more-gold-nuggets-in-the-pilbara-186455.html De Grey Mining Limited (ASX:DEG) has discovered two prospects where highly prospective conglomerate units have been mapped and associated gold nuggets have been found.

The pitted and flattened gold nuggets confirm two new conglomerate discoveries - Jarret Well and Steel Well.

This new conglomerate horizon beneath the previously reported 12 kilometre zone of Mt Roe Basalt significantly expands De Grey’s footprint for conglomerate gold within its Pilbara Gold Project.

De Grey’s shares were trading circa 14% higher intra-day, at $0.24.

The prospective conglomerate beds were recognised during reconnaissance geological mapping and associated gold nuggets found with subsequent metal detecting.

Importantly, the conglomerates are interpreted to form a large and continuous unit some 20-50 metres thick, shallowly dipping beneath the Mt Roe Basalt.

The prospective area beneath the Mt Roe Basalt represents an area of circa 10 square kilometres.

Further detailed mapping, metal detecting and geochemical sampling continues to progress around the margins of the Mt Roe Basalt where the basal conglomerate horizon is predicted to outcrop.

READ NOW: De Grey brings conglomerate hosted gold to Proactive's CEO Sessions

Earlier this month, De Grey signed an agreement to acquire 70% of the Blue Moon tenement, located within 20 kilometres of its proposed plant at the Pilbara Gold Project in Western Australia.

Blue Moon is considered highly prospective for structurally controlled high-grade gold discoveries in the basement rocks.

Small-scale prospecting at Blue Moon at shallow depths of circa 2 metres has produced over 1500 ounces of gold in the last 24 months as reported by the vendor.

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Tue, 31 Oct 2017 12:20:00 +1100 http://www.proactiveinvestors.com.au/companies/news/186455/de-grey-mining-shares-surge-on-finding-more-gold-nuggets-in-the-pilbara-186455.html
<![CDATA[News - De Grey brings conglomerate hosted gold to Proactive's CEO Sessions ]]> http://www.proactiveinvestors.com.au/companies/news/186137/de-grey-brings-conglomerate-hosted-gold-to-proactive-s-ceo-sessions-186137.html De Grey Mining Ltd (ASX:DEG) already has a strong foothold in the Pilbara region of Western Australia, and is developing the +1.2 million ounce Pilbara Gold Project.

De Grey recently recognised gold nuggets shedding from conglomerates.

The company has also signed a binding option agreement to acquire 70% of the Blue Moon tenement, located within 20 kilometres of the proposed plant at the Pilbara Project.

Blue Moon is considered highly prospective for structurally controlled high-grade gold discoveries in the basement rocks.

Find out more from De Grey Mining at Proactive's CEO Sessions.

Click below to register by email

- Melbourne: Tuesday 14th November.
- Sydney: Wednesday 15th November.
- Email Pauline here.
- Call office on (02) 9280 0700.

Presenter list

- Zelda Therapeutics (ASX:ZLD): Dr. Stewart Washer
- Thred Ltd (ASX:THD): Geoff Marshall
- De Grey Mining (ASX:DEG): Simon Lill
- Peninsula Energy (ASX:PEN): David Coyle
- Aspire Mining (ASX:AKM): David Paull

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Tue, 31 Oct 2017 11:56:00 +1100 http://www.proactiveinvestors.com.au/companies/news/186137/de-grey-brings-conglomerate-hosted-gold-to-proactive-s-ceo-sessions-186137.html
<![CDATA[News - De Grey Mining’ shares rise after securing strategic gold prospect ]]> http://www.proactiveinvestors.com.au/companies/news/185769/de-grey-mining-shares-rise-after-securing-strategic-gold-prospect-185769.html De Grey Mining Limited (ASX:DEG) has signed an agreement to acquire 70% of the Blue Moon tenement, located within 20 kilometres of its proposed plant at the Pilbara Gold Project in Western Australia

The Blue Moon option secures a key strategic tenement within the Vanmaris leases recently optioned by De Grey.

Blue Moon is considered highly prospective for structurally controlled high-grade gold discoveries in the basement rocks.

Small-scale prospecting at Blue Moon at shallow depths of circa 2 metres has produced over 1500 ounces of gold in the last 24 months as reported by the vendor.

De Grey’s shares were trading 10% higher intra-day, at $0.22.

The finalisation of the new option agreement now consolidates all the tenements over an area where extensive gold mineralisation has been discovered by prospectors.

De Grey recently reported a significant resource upgrade to 1.2 million ounces of gold for the Pilbara Gold Project.

The new increased resources is an improvement over the scoping study financial model, through an increase in mine life.

De Grey now controls a substantial and contiguous landholding of over 1800 square kilometres with further untested gold anomalies throughout the project area.

Interestingly, the company recently recognised gold nuggets shedding from conglomerates.

This new style of gold mineralisation remains to be tested in detail, but is considered to have regional significance due to the potential for high-grade gold mineralisation.

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Wed, 18 Oct 2017 15:49:00 +1100 http://www.proactiveinvestors.com.au/companies/news/185769/de-grey-mining-shares-rise-after-securing-strategic-gold-prospect-185769.html
<![CDATA[News - De Grey Mining eyes more gold in Pilbara after securing additional landholding ]]> http://www.proactiveinvestors.com.au/companies/news/184950/de-grey-mining-eyes-more-gold-in-pilbara-after-securing-additional-landholding-184950.html De Grey Mining Limited (ASX:DEG) is acquiring 80% of six granted tenements located within 20 kilometres of its proposed plant at the Pilbara Gold Project near Port Hedland in Western Australia.

Its shares were trading circa 9% higher intra-day, at $0.245.

The company has the option to acquire the additional 30 square kilometres of landholding containing high-grade gold exploration targets, with significant gold nuggets found to date by the vendor.

De Grey will initially pay $30,000 cash + 150,000 De Grey shares and will sole fund the exploration during the 4 year option period.

The company can elect to acquire 80% of the tenement on payment of $500,000 cash.

De Grey recently revealed a significant resource upgrade to 1.2 million ounces of gold for the Pilbara Gold Project.

A scoping study had indicated a financially robust development project, based on a 1 million tonne throughput, utilising a new purpose built processing plant.

Importantly, the new increased resources is anticipated to further improve the scoping study financial model.

READ NEXT: De Grey Mining bags $5M from Canadian gold producer Kirkland Lake Gold

Earlier this week, De Grey secured a $5 million investment from Kirkland Lake Gold Ltd (TSE:CRK) via the issue of shares at $0.15 each.

Kirkland Lake is a Canadian listed mid-tier gold producer with a market capitalisation of US$2.7 billion and forecast production of 570,000 – 590,000 ounces of gold for 2017.

The new funds will be used by De Grey for ongoing exploration and development activities at the Pilbara Gold Project

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Tue, 03 Oct 2017 14:09:00 +1100 http://www.proactiveinvestors.com.au/companies/news/184950/de-grey-mining-eyes-more-gold-in-pilbara-after-securing-additional-landholding-184950.html
<![CDATA[News - De Grey Mining bags $5M from Canadian gold producer Kirkland Lake Gold ]]> http://www.proactiveinvestors.com.au/companies/news/184877/de-grey-mining-bags-5m-from-canadian-gold-producer-kirkland-lake-gold-184877.html De Grey Mining Limited (ASX:DEG) has secured a $5 million investment from Kirkland Lake Gold Ltd (TSE:CRK) via the issue of shares at $0.15 each.

Kirkland Lake is a Canadian listed mid-tier gold producer with a market capitalisation of US$2.7 billion and forecast production of 570,000 – 590,000 ounces of gold for 2017.

Kirkland has interests in Australia through the high grade, low cost Fosterville mine in Victoria and have recently invested $58 million in De Grey’s Pilbara counterpart, Novo Resources Corp.

The new funds will be used by De Grey for ongoing exploration and development activities at the Pilbara Gold Project in Western Australia.

De Grey’s Pilbara Gold Project comprises the fully owned Turner River Project and the adjacent Indee Project, all located within 75 kilometres of the mining town of Port Hedland.

Together with its recent August capital raising of $3 million, De Grey has now raised $8 million, which confirms funding for its exploration programs through until the end of 2018.

READ HERE: De Grey Mining’s shares surge on finding gold nuggets at the Pilbara Gold Project

De Grey’s share price recently doubled intra-day after identifying a new conglomerate gold target containing gold nuggets at its Pilbara Gold Project.

The company found 91 nuggets ranging in size from 2mm to 10mm in and around the new target area west of Mt Roe Basalt.

De Grey is now undertaking mapping and sampling on both the western and the eastern sides of the prospective Mt Roe Basalt range targeting the prospective conglomerate horizon.

Importantly, the potential of the conglomerate gold opportunity adds to the company’s significant existing resource of +1.2 million gold ounces at the Pilbara Gold Project.

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Mon, 02 Oct 2017 10:52:00 +1100 http://www.proactiveinvestors.com.au/companies/news/184877/de-grey-mining-bags-5m-from-canadian-gold-producer-kirkland-lake-gold-184877.html
<![CDATA[News - De Grey Mining to take advantage of rocketing share price ]]> http://www.proactiveinvestors.com.au/companies/news/184699/de-grey-mining-to-take-advantage-of-rocketing-share-price-184699.html De Grey Mining Ltd's (ASX:DEG) shares more than doubled yesterday, closing at $0.15, following a gold discovery.

READ NOW: De Grey Mining’s shares surge on finding gold nuggets at the Pilbara Gold Project

De Grey is now heading to market with a capital raising, and the ASX has granted a trading halt.

The halt will remain in place until the opening of trade on Monday 2nd October 2017, or earlier if an announcement is made to the market.

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Thu, 28 Sep 2017 10:06:00 +1000 http://www.proactiveinvestors.com.au/companies/news/184699/de-grey-mining-to-take-advantage-of-rocketing-share-price-184699.html
<![CDATA[News - De Grey Mining’s shares surge on finding gold nuggets at the Pilbara Gold Project ]]> http://www.proactiveinvestors.com.au/companies/news/184628/de-grey-minings-shares-surge-on-finding-gold-nuggets-at-the-pilbara-gold-project-184628.html De Grey Mining Limited’s (ASX:DEG) share price doubled intra-day after identifying a new conglomerate gold target containing gold nuggets at its Pilbara Gold Project in Western Australia.

This target represents a new area separate from the 12 kilometre Mt Roe Basalt target recently identified by De Grey.

To date 91 nuggets ranging in size from 2mm to 10mm have been found in and around the new target area west of Mt Roe Basalt.

Importantly, several nuggets have been found higher up the slope, outside the historic workings and within several metres of the conglomerate target zone.

All the nuggets found are smooth and waterworn, typical of a palaeo-placer gold deposit with most having pitting.

Many have the appearance of watermelon seeds and is considered comparable to Witwatersrand style gold mineralisation.

The size of De Grey’s new target is 1.5 kilometres by 400 metres with a depth of circa 5-10 metres

De Grey has also identified extensive alluvial gold workings dating from modern day scraping to historic alluvial and dry blowing mining.

These have been identified over 200 metres within the tenement area.

De Grey is now undertaking mapping and sampling on both the western and the eastern sides of the prospective Mt Roe Basalt range targeting the prospective conglomerate horizon.

Subject to additional mapping and sampling results, De Grey intends to assess the outcropping conglomerate areas for in-situ bedrock mineralisation.

Currently this work is most likely to include surface trenching to provide better exposures for detailed and bulk sampling and geological examination, followed by drilling testing.

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Wed, 27 Sep 2017 10:47:00 +1000 http://www.proactiveinvestors.com.au/companies/news/184628/de-grey-minings-shares-surge-on-finding-gold-nuggets-at-the-pilbara-gold-project-184628.html
<![CDATA[News - De Grey Mining has exploration news from the Pilbara ]]> http://www.proactiveinvestors.com.au/companies/news/184399/de-grey-mining-has-exploration-news-from-the-pilbara-184399.html De Grey Mining Ltd (ASX:DEG) has been granted a trading halt by the ASX this morning, pending an update on exploration activities from its Pilbara Gold Project.

De Grey recently attracted investors to the project through an oversubscribed placement, which will fund reverse circulation and diamond drilling.

The halt will remain in place until the opening of trade on Tuesday 25th September 2017, or earlier if an announcement is made to the market.

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Fri, 22 Sep 2017 09:55:00 +1000 http://www.proactiveinvestors.com.au/companies/news/184399/de-grey-mining-has-exploration-news-from-the-pilbara-184399.html
<![CDATA[News - De Grey Mining begins drill testing lithium targets near the Pilgangoora deposit ]]> http://www.proactiveinvestors.com.au/companies/news/183641/de-grey-mining-begins-drill-testing-lithium-targets-near-the-pilgangoora-deposit-183641.html De Grey Mining Limited (ASX:DEG) is commencing drilling at the King Col Pegmatite in Western Australia, following the successful application for co-funding.

The King Col pegmatite lies within De Grey’s tenements located within 40 kilometres from Pilbara Minerals’ (ASX:PLS) world-class Pilgangoora deposit (156.3 million tonnes at 1.25% lithium).

The co-funding has been approved under the Western Australia government’s Exploration Incentive Scheme (EIS), which will contribute $61,000 to De Grey’s program, being circa 50% of the cost.

The previous sampling by De Grey at the King Col Pegmatite Trend highlighted anomalous lithium and other associated elements for lithium-caesium-tantalum (LCT) style mineralisation.

De Grey’s reconnaissance rock chip sampling and subsequent follow-up systematic soil sampling has defined strong anomalies over an initial 2 kilometre strike length.

Further sampling is required to test the remaining 5.5 kilometres of the overall 7.5 kilometres long pegmatite trend.

The rock chip results highlight anomalous lithium results ranging from 0.15% to 4.22% lithium.

The drilling program will initially comprise circa 1,500 metres of reverse circulation drilling across the three main anomalous zones.

The drilling will test beneath the anomalous lithium-in-soil zones and determine the mineralisation potential in fresh bedrock.

Subject to positive results, a further program of diamond drilling will be undertaken to obtain fresh mineralisation in drill core for detailed mineralogical evaluation.

This will aim to define the presence of spodumene in the pegmatite system. Spodumene is the key lithium mineral in most lithium bearing pegmatite orebodies throughout the world.

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Fri, 08 Sep 2017 12:06:00 +1000 http://www.proactiveinvestors.com.au/companies/news/183641/de-grey-mining-begins-drill-testing-lithium-targets-near-the-pilgangoora-deposit-183641.html
<![CDATA[News - De Grey recently achieved a 1 million gold ounce milestone ]]> http://www.proactiveinvestors.com.au/companies/news/176185/de-grey-recently-achieved-a-1-million-gold-ounce-milestone-176185.html De Grey Mining (ASX:DEG) has been granted a trading halt by the ASX, pending details of a capital raising.

De Grey reached the milestone following the Indee Resource Update. The project remains subject to an option agreement.

The halt will remain in place until the opening of trade on Wednesday 12th April 2017, or earlier if an announcement is made to the market.

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Mon, 10 Apr 2017 11:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/176185/de-grey-recently-achieved-a-1-million-gold-ounce-milestone-176185.html
<![CDATA[News - De Grey Mining achieves 1M ounces of gold milestone at Pilbara ]]> http://www.proactiveinvestors.com.au/companies/news/175794/de-grey-mining-achieves-1m-ounces-of-gold-milestone-at-pilbara-175794.html De Grey Mining (ASX:DEG) has achieved a major milestone at its Pilbara Gold Project in Western Australia by upgrading the resource to 1 million ounces of contained gold.

The Pilbara Gold Project comprises the fully owned Turner River Project and the adjacent Indee Project, all located within 75 kilometres of the mining town of Port Hedland in Western Australia.

The Indee Project remains subject to an option agreement whereby De Grey must pay $15 million to acquire the asset by July 24, 2018.

De Grey’s upgraded resource at the Pilbara Gold Project is comprised of:

- 9.15 million tonnes at 1.8 g/t gold containing 538,400 ounces of gold at the Indee Project
- 9.69 million tonnes at 1.5 g/t gold containing 463,900 ounces of gold at the Turner River Project

The company has commenced a scoping study to evaluate the potential economics of a proposed stand-alone mining operation on the two combined projects (result expected in May).

The proposed operation plans on simple open pit mining from the various deposits with processing through a new processing plant located at the Indee project.

At the deposits, mineralisation remains open at depth and down plunge. Significant structurally controlled high grade mineralisation tends to form plunging shoots within each deposit.

Further drilling will be required to better define and extend these high-grade shoots down plunge.

A significant program of drilling is planned to commence in early May targeting resource extensions at both the known deposits and at advanced exploration targets.

De Grey’s share price has increased by circa 94% in 2017, last trading at $0.070.

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Mon, 03 Apr 2017 10:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/175794/de-grey-mining-achieves-1m-ounces-of-gold-milestone-at-pilbara-175794.html
<![CDATA[News - De Grey Mining to lift resource base ]]> http://www.proactiveinvestors.com.au/companies/news/175645/de-grey-mining-to-lift-resource-base-175645.html De Grey Mining (ASX:DEG) has been granted a trading halt by the ASX, pending details of a resource upgrade.

De Grey is focused on gold.

The halt will remain in place until the opening of trade on Monday 3rd April 2017, or earlier if an announcement is made to the market.

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Thu, 30 Mar 2017 13:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/175645/de-grey-mining-to-lift-resource-base-175645.html
<![CDATA[News - De Grey Mining trebles gold resource at Mt Berghaus ]]> http://www.proactiveinvestors.com.au/companies/news/172256/de-grey-mining-trebles-gold-resource-at-mt-berghaus-172256.html Mt Berghaus is part of De Grey’s Turner River Project, located near Port Hedland in the Pilbara region of Western Australia.

Importantly, the Turner River Project global gold resource has now climbed to 464,000 ounces of gold grading 1.5 g/t gold.

The Mt Berghaus resource increase is due to extensions to the mineralisation and the discovery of new mineralised zones at North Lode and West Berghaus Prospects.

It is worth noting that over 50,000 gold ounces of the resource is oxidised mineralisation from the surface.

The newly discovered zones highlight the potential for additional mineralisation within the 3 kilometres of prospective strike length between West Berghaus and Mt Berghaus.

The mineralisation remains open in many areas along the 5 kilometre mineralised system. De Grey is aiming to test for further resource increases in the second quarter of 2017.

The company is confident about the potential of this project, since the more drilling they do, the more gold they are discovering.

De Grey’s share price has increased by about 42% since the start of this year, closing at $0.051 last Friday (20 January 2017).

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Fri, 27 Jan 2017 08:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/172256/de-grey-mining-trebles-gold-resource-at-mt-berghaus-172256.html
<![CDATA[News - De Grey Mining in an ASX trading halt ]]> http://www.proactiveinvestors.com.au/companies/news/171983/de-grey-mining-in-an-asx-trading-halt-171983.html The company is pending details regarding a resource upgrade for the Mount Berghaus Prospect.

Mount Berghaus is a gold focused project, part of the Turner River Project, and located close to the regional centre of Port Hedland in Western Australia.

The halt will remain in place until the opening of trade on Wednesday, 25th January 2017, or earlier if an announcement is made to the market.

Earlier this month the company made new two new discoveries at North Lode and West Berghaus.

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Mon, 23 Jan 2017 11:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/171983/de-grey-mining-in-an-asx-trading-halt-171983.html
<![CDATA[News - De Grey Mining shares rise on new gold discoveries at Turner River ]]> http://www.proactiveinvestors.com.au/companies/news/171445/de-grey-mining-shares-rise-on-new-gold-discoveries-at-turner-river-171445.html The company’s shares were last trading at $0.051, up 10.9% intra-day.

De Grey’s current drilling program, comprising 64 holes for 5,536 metres, is part of its strategy of targeting a 500,000 ounce gold resource at the Turner River Project in the coming six months.

The current drilling program has been successful in defining infill mineralisation within the Mount Berghaus resource area.

The latest results include 10 metres at 3.03 g/t gold from 16 metres and 4 metres at 7.75 g/t gold from 62 metres at Mount Berghaus.

Furthermore, significant new mineralisation was identified at the North Lode and West Berghaus prospects.

The company assayed 17 metres at 2.08 g/t gold from 32 metres and 4 metres at 4.33 g/t gold from 104 metres at the North Lode resource area.

All three mineralised areas - Mount Berghaus, North Lode and West Berghaus, remain open along strike and at depth.

Follow up drilling at all three prospect areas will be considered once interpretations and an updated resource model and estimation have been completed.

Initial metallurgical test work is also planned to be undertaken once the specific oxide and fresh resource domains have been finalised.

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Wed, 11 Jan 2017 14:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/171445/de-grey-mining-shares-rise-on-new-gold-discoveries-at-turner-river-171445.html
<![CDATA[News - De Grey Mining continues to find more gold at Turner River ]]> http://www.proactiveinvestors.com.au/companies/news/170576/de-grey-mining-continues-to-find-more-gold-at-turner-river-170576.html The project is situated 50 kilometres south of Port Hedland in Pilbara, Western Australia.

Significant zones of shallow oxide mineralisation, with some high grade zones, were intersected in numerous holes. Best results include:
- 12 metres at 11.36 g/t gold from 5 metres (including 1 metre at 73.0 g/t gold from 7 metres);
- 31 metres at 2.07 g/t gold from 8 metres.

The drilling intersected multiple sub-parallel gold lodes, including many drill intersections outside of the existing resource boundary.

The shallow oxide mineralisation extends to surface with rock chip samples of quartz veins returning results of up to 62.5 g/t gold with an average grade of 7.11 g/t gold.

The drilling program aims to both upgrade and expand on the current 43,000 ounce gold resource for the Mt Berghaus prospect.

De Grey currently has 366,000 gold ounces already defined for Turner River and is targeting 500,000 ounces in the coming six months.

Final assay results for the remaining 42 holes are expected during early January 2017, following which De Grey will provide an updated resource estimate.

Notably, the Turner River Project is situated only 40 kilometres from Pilbara Minerals’ (ASX:PLS) world class Pilgangoora Lithium Tantalum Project.

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Fri, 16 Dec 2016 13:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/170576/de-grey-mining-continues-to-find-more-gold-at-turner-river-170576.html
<![CDATA[News - De Grey Mining defines strong lithium anomaly at Turner River ]]> http://www.proactiveinvestors.com.au/companies/news/169808/de-grey-mining-defines-strong-lithium-anomaly-at-turner-river-169808.html The King Col Pegmatite Trend is located within De Grey’s Turner River Project, 40 kilometres from Pilbara Minerals’ (ASX:PLS) world class Pilgangoora Lithium Tantalum Project.

The project is situated 50 kilometres south of Port Hedland in Pilbara, Western Australia.

De Grey’s sampling returned peak values of 947 ppm lithium and 342 ppm tantalum. Importantly, the anomaly remains open to the east.

The company is planning further infill and extensional sampling to better define the anomaly in December.

De Grey had identified the King Col Pegmatite Trend in October.

The results from the maiden sampling program included a peak of 4.22% lithium associated with a small outcrop of the lithium bearing mineral, lepidolite.

The entire 7.5 kilometres King Col pegmatite trend is associated with anomalous lithium-cesium-tantalum (LCT) pegmatite elements.

As a comparison, the nearby 129 million tonnes (1.22% lithium) Pilgangoora Lithium-Tantalum Project occurs in pegmatites over 9 kilometres of strike length.

De Grey’s lithium rich soil anomaly along the south western end of the King Col pegmatite trend is slowly developing into a large scale target.

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Thu, 01 Dec 2016 15:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/169808/de-grey-mining-defines-strong-lithium-anomaly-at-turner-river-169808.html
<![CDATA[News - De Grey Mining to outline raising ]]> http://www.proactiveinvestors.com.au/companies/news/167262/de-grey-mining-to-outline-raising-167262.html The halt will remain in place until the opening of trade on Friday 14th October 2016, or earlier if an announcement is made to the market.

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Wed, 12 Oct 2016 13:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/167262/de-grey-mining-to-outline-raising-167262.html
<![CDATA[News - De Grey Mining identifies new lithium prospective zone at Turner River ]]> http://www.proactiveinvestors.com.au/companies/news/167248/de-grey-mining-identifies-new-lithium-prospective-zone-at-turner-river-167248.html The project is located only 40 kilometres from the world class Pilgangoora Lithium-Tantalum Project owned by Pilbara Minerals Ltd (ASX:PLS).

The results from the maiden sampling program at King Col include a peak of 4.22% lithium associated with a small outcrop of the lithium bearing mineral, lepidolite.

De Grey also assayed eight additional samples ranging from 0.15% to 2.5% lithium along a zone of 1.5 kilometres.

The entire 7.5 kilometres pegmatite trend is associated with anomalous lithium-cesium-tantalum (LCT) pegmatite elements.

As a comparison, the nearby 129 million tonnes (1.22% lithium) Pilgangoora Lithium-Tantalum Project occurs in pegmatites over 9 kilometres of strike length.

A follow-up program of detailed rock chip and soil sampling is currently being planned and is expected to commence during October.

De Grey’s objective is to define anomalous target zones for subsequent drill testing.

Last month, drill assays confirmed silver and zinc mineralisation at the Tabba Tabba prospect within the Turner River Project.

Significant results from the 12-hole program included 9 metres at 90.1 g/t silver, 5.56% zinc from 56 metres and 9 metres at 58.7 g/t silver, 2.68% zinc from 24 metres.

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Wed, 12 Oct 2016 08:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/167248/de-grey-mining-identifies-new-lithium-prospective-zone-at-turner-river-167248.html
<![CDATA[News - De Grey Mining Ltd to reveal exploration results ]]> http://www.proactiveinvestors.com.au/companies/news/167045/de-grey-mining-ltd-to-reveal-exploration-results-71393.html De Grey Mining Ltd (ASX:DEG) is preparing details regarding exploration results at its Turner River Project, which is located in the world-class Pilbara region of Western Australia.

The project is prospective for gold mineralisation.

The ASX has granted De Grey a trading halt to prepare details.

The halt will remain in place until the opening of trade on Tuesday 11th October 2016, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Fri, 07 Oct 2016 08:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/167045/de-grey-mining-ltd-to-reveal-exploration-results-71393.html
<![CDATA[News - De Grey Mining Ltd defines silver, zinc mineralisation at Tabba Tabba ]]> http://www.proactiveinvestors.com.au/companies/news/165791/de-grey-mining-ltd-defines-silver-zinc-mineralisation-at-tabba-tabba-70973.html De Grey Mining Ltd (ASX:DEG) has received drill assays confirming silver and zinc mineralisation at the Tabba Tabba prospect within the Turner River Project in the Pilbara Region of Western Australia.

Significant results from the 12-hole program included 9 metres at 90.1 g/t silver, 5.56% zinc from 56 metres and 9 metres at 58.7 g/t silver, 2.68% zinc from 24 metres.

The program at Tabba Tabba targeted infill drilling of the known volcanogenic massive sulphide (VMS) style mineralisation to a depth of 50 metres on 40 metres spaced sections.

The drilling program has been successful in defining the continuity of the zinc-silver dominant VMS style mineralisation at depth.

At the surface, this mineralisation occurs as a series of small outcrops over 200 metres strike length.

The defined bedrock mineralisation is also coincident with a 1.3 kilometre induced polarisation (IP) anomaly.

Further assessment of the IP modelling will now be undertaken to better target mineralisation in the immediate vicinity along the Tabba Tabba prospect.

De Grey’s share price was last trading a $0.003, up 50% for the day.

The company had $1.21 million in cash at the end of the June 2016 quarter.

 

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Mon, 12 Sep 2016 15:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/165791/de-grey-mining-ltd-defines-silver-zinc-mineralisation-at-tabba-tabba-70973.html
<![CDATA[News - De Grey Mining Ltd tops ASX % Gainers intra-day ]]> http://www.proactiveinvestors.com.au/companies/news/165790/de-grey-mining-ltd-tops-asx-gainers-intra-day-70968.html Monday's leading ASX % Gainers intra-day.

Company NameCodeLastChangeVolume De Grey Mining Ltd DEG $0.003 50% 33,621,696 Etherstack Plc ESK $0.120 33.33% 1,500 Norwest Energy NL NWE $0.004 33.33% 250,000 East Energy Resources Ltd EER $0.008 33.33% 35,450 Phosphate Australia Ltd POZ $0.033 32% 246,613 Syntonic Ltd SYT $0.031 29.17% 68,806,778 Respiri Ltd RSH $0.063 26% 1,397,646 Manas Resources Ltd MSR $0.005 25% 1,595,000 Uranium Equities Ltd UEQ $0.005 25% 412,042 Energy Technologies Ltd EGY $0.006 20% 40,000

 

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Mon, 12 Sep 2016 11:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/165790/de-grey-mining-ltd-tops-asx-gainers-intra-day-70968.html
<![CDATA[News - De Grey Mining Ltd among Friday's ASX Most Traded late in the session ]]> http://www.proactiveinvestors.com.au/companies/news/165587/de-grey-mining-ltd-among-fridays-asx-most-traded-late-in-the-session-70700.html Friday's ASX Volume Leaders at the close.

Company NameCodeLastChangeVolume Sundance Resources Ltd SDL $0.003 -25% 162,008,340 XPED Ltd XPE $0.038 22.58% 140,420,349 De Grey Mining Ltd DEG $0.003 0% 68,777,659 Atlas Iron Ltd AGO $0.012 20% 55,106,281 Deep Yellow Ltd DYL $0.004 0% 37,014,064 88 Energy Ltd 88E $0.057 16.33% 28,284,047 Fortescue Metals Group Ltd FMG $4.890 1.24% 27,057,302 NSL Consolidated Ltd NSL $0.021 5% 24,817,560 KBL Mining Ltd KBL $0.002 0% 24,455,949 Telstra Corporation Ltd TLS $5.340 1.71% 18,353,480

 

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Fri, 26 Aug 2016 15:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/165587/de-grey-mining-ltd-among-fridays-asx-most-traded-late-in-the-session-70700.html
<![CDATA[News - De Grey Mining Ltd is Wednesday's ASX Most Traded with 117 million ]]> http://www.proactiveinvestors.com.au/companies/news/165586/de-grey-mining-ltd-is-wednesdays-asx-most-traded-with-117-million-70654.html Wednesday's ASX Volume Leaders at the close.

Company NameCodeLastChangeVolume De Grey Mining Ltd DEG $0.003 0% 117,705,111 XPED Ltd XPE $0.043 -24.56% 104,352,286 Inca Minerals Ltd ICG $0.004 0% 53,719,051 KBL Mining Ltd KBL $0.003 50% 50,341,511 Carbon Energy Ltd CNX $0.015 -25% 47,384,971 Imdex Ltd IMD $0.620 0% 32,782,615 Telstra Corporation Ltd TLS $5.300 -3.46% 30,198,481 Moko Social Media Ltd MKB $0.002 0% 28,601,794 Spotless Group Holdings Ltd SPO $1.140 7.04% 27,145,409 Alumina Ltd AWC $1.360 0.74% 25,578,998

 

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Thu, 25 Aug 2016 07:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/165586/de-grey-mining-ltd-is-wednesdays-asx-most-traded-with-117-million-70654.html
<![CDATA[News - De Grey Mining Ltd is Wednesday's ASX Most Traded with 224 million ]]> http://www.proactiveinvestors.com.au/companies/news/153267/de-grey-mining-ltd-is-wednesdays-asx-most-traded-with-224-million-70081.html Wednesday's ASX Volume Leaders at the close.

Company NameCodeLastChangeVolume De Grey Mining Ltd DEG $0.004 33.33% 224,680,428 Atlas Iron Ltd AGO $0.011 10% 179,033,854 Syndicated Metals Ltd SMD $0.017 88.89% 63,868,590 Fortescue Metals Group Ltd FMG $4.410 7.04% 41,268,662 Gulf Manganese Corporation Ltd GMC $0.004 -20% 40,856,991 Marindi Metals Ltd MZN $0.012 -14.29% 38,170,849 Prospect Resources Ltd PSC $0.067 17.54% 37,812,408 Telstra Corporation Ltd TLS $5.730 -0.69% 22,937,500 Pantoro Ltd PNR $0.145 -3.33% 22,353,661 XPED Ltd XPE $0.072 2.86% 20,663,619

 

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Thu, 28 Jul 2016 08:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/153267/de-grey-mining-ltd-is-wednesdays-asx-most-traded-with-224-million-70081.html
<![CDATA[News - De Grey Mining Ltd is Monday's ASX Most Traded with 249 million ]]> http://www.proactiveinvestors.com.au/companies/news/153266/de-grey-mining-ltd-is-mondays-asx-most-traded-with-249-million-69881.html De Grey Mining Ltd is Monday's ASX Most Traded with 249 million.

Company NameCodeLastChangeVolume De Grey Mining Ltd DEG $0.004 33.3% 249,383,065 Marindi Metals Ltd MZN $0.017 41.7% 118,053,555 Caeneus Minerals Ltd CAD $0.004 0% 115,078,588 Golden Rim Resources Ltd GMR $0.010 0% 77,790,651 Lynas Corporation Ltd LYC $0.084 10.6% 54,295,643 JCurve Solutions Ltd JCS $0.023 4.6% 45,402,219 Chapmans Ltd CHP $0.004 33.3% 41,001,852 Segue Resources Ltd SEG $0.004 -20% 33,822,606 TV2U International Ltd TV2 $0.029 0% 32,394,814 Beacon Minerals Ltd BCN $0.006 0% 32,335,008

 

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Tue, 19 Jul 2016 08:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/153266/de-grey-mining-ltd-is-mondays-asx-most-traded-with-249-million-69881.html
<![CDATA[News - De Grey Mining Ltd is Friday's Volume Leader late in the session ]]> http://www.proactiveinvestors.com.au/companies/news/153265/de-grey-mining-ltd-is-fridays-volume-leader-late-in-the-session-69851.html Top volume leader late in the session.

Company NameCodeLastChangeVolume De Grey Mining Ltd DEG $0.003 50% 200,312,067 Golden Rim Resources Ltd GMR $0.010 42.86% 192,930,561 JCurve Solutions Ltd JCS $0.022 15.79% 57,233,974 Atlas Iron Ltd AGO $0.012 -7.69% 53,700,543 Niuminco Group Ltd NIU $0.005 25% 43,403,619 Prospect Resources Ltd PSC $0.059 -6.35% 40,742,853 LWP Technologies Ltd LWP $0.004 -20% 33,572,008 Senetas Corporation Ltd SEN $0.120 33.33% 32,738,261 Kidman Resources Ltd KDR $0.240 54.84% 29,278,265 Wangle Technologies Ltd WGL $0.032 18.52% 25,045,957

 

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Fri, 15 Jul 2016 18:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/153265/de-grey-mining-ltd-is-fridays-volume-leader-late-in-the-session-69851.html
<![CDATA[News - De Grey Mining Ltd is Tuesday's ASX Most Traded with 196 million ]]> http://www.proactiveinvestors.com.au/companies/news/153264/de-grey-mining-ltd-is-tuesdays-asx-most-traded-with-196-million-68667.html Tuesday's ASX Volume Leaders at the close.

Company NameCodeLastChangeVolume De Grey Mining Ltd DEG $0.003 0% 196,456,549 XPED Ltd XPE $0.078 21.88% 188,307,900 TV2U International Ltd TV2 $0.039 -15.22% 111,638,419 LWP Technologies Ltd LWP $0.005 66.67% 76,360,000 Caeneus Minerals Ltd CAD $0.002 -33.33% 60,708,585 Capital Mining Ltd CMY $0.006 -14.29% 50,532,197 Blina Minerals NL BDI $0.001 0% 49,230,000 Prospect Resources Ltd PSC $0.017 0% 43,053,011 Phosphagenics Ltd POH $0.022 0% 41,547,232 Segue Resources Ltd SEG $0.003 0% 38,235,627

 

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Wed, 18 May 2016 08:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/153264/de-grey-mining-ltd-is-tuesdays-asx-most-traded-with-196-million-68667.html
<![CDATA[News - De Grey Mining Ltd among ASX % Gainers intra-day ]]> http://www.proactiveinvestors.com.au/companies/news/153263/de-grey-mining-ltd-among-asx-gainers-intra-day-68270.html Tuesday's leading ASX % Gainers intra-day.

Company NameCodeLastChangeVolume De Grey Mining Ltd DEG $0.002 100% 9,400,020 Tyrian Diagnostics Ltd TDX $0.002 100% 35,413,576 Abilene Oil And Gas Ltd ABL $0.015 66.67% 61,000 Magnetite Mines Ltd MGT $0.023 43.75% 655,371 Rectifier Technologies Ltd RFT $0.01 42.9% 6,990,154 Great Western Exploration Ltd GTE $0.021 40% 810,572 Gleneagle Gold Ltd GLN $0.007 40% 3,331,164 Frontier Resources Ltd FNT $0.06 36.36% 826,540 Laconia Resources Ltd LCR $0.004 33.33% 6,087,334 Legacy Iron Ore Ltd LCY $0.009 28.57% 4,075,872

 

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Tue, 26 Apr 2016 12:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/153263/de-grey-mining-ltd-among-asx-gainers-intra-day-68270.html
<![CDATA[News - De Grey Mining Ltd is among Friday's ASX Most Traded with 78 million ]]> http://www.proactiveinvestors.com.au/companies/news/153262/de-grey-mining-ltd-is-among-fridays-asx-most-traded-with-78-million-68255.html Friday's ASX Volume Leaders at the close.

Company NameCodeLastChangeVolume IOT Group Ltd IOT $0.038 52% 110,340,143 Sundance Resources Ltd SDL $0.003 0% 92,231,949 De Grey Mining Ltd DEG $0.001 -50% 78,736,692 XTV Networks Ltd XTV $0.024 -7.69% 63,153,791 Walkabout Resources Ltd WKT $0.007 -12.50% 52,675,429 GB Energy Ltd GBX $0.006 20% 46,763,612 Inca Minerals Ltd ICG $0.003 -40% 42,204,388 Cohiba Minerals Ltd CHK $0.027 22.73% 41,817,688 Atlas Iron Ltd AGO $0.023 4.55% 29,421,970 Segue Resources Ltd SEG $0.003 0% 29,033,251

 

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Fri, 22 Apr 2016 18:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/153262/de-grey-mining-ltd-is-among-fridays-asx-most-traded-with-78-million-68255.html
<![CDATA[News - De Grey Mining Ltd among ASX % Gainers intra-day ]]> http://www.proactiveinvestors.com.au/companies/news/153261/de-grey-mining-ltd-among-asx-gainers-intra-day-67994.html Monday's leading ASX % Gainers intra-day.

Company NameCodeLastChangeVolume De Grey Mining Ltd DEG $0.002 100% 295,000 AnaeCo Ltd ANQ $0.002 100% 500,000 Segue Resources Ltd SEG $0.002 100% 1,000,000 Phoslock Water Solutions Ltd PHK $0.087 50% 2,743,281 Mining Projects Group Ltd MPJ $0.010 42.86% 197,912,988 Indus Energy NL IND $0.012 33.33% 105,000 Delecta Ltd DLC $0.004 33.33% 180,000 Conico Ltd CNJ $0.024 33.33% 330,000 Marindi Metals Ltd MZN $0.012 33.33% 4,662,845 RMG Ltd RMG $0.009 28.57% 1,996,814

 

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Mon, 11 Apr 2016 14:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/153261/de-grey-mining-ltd-among-asx-gainers-intra-day-67994.html
<![CDATA[News - De Grey Mining Limited to update on lithium potential ]]> http://www.proactiveinvestors.com.au/companies/news/153260/de-grey-mining-limited-to-update-on-lithium-potential-67594.html De Grey Mining Limited (ASX:DEG) has been granted a trading halt by the ASX, with its shares placed in pre-open.

De Grey requested the halt pending an update to clarify the ownership of tenement E45/2364 as referred to the ASX announcement of Sayona Mining Limited (ASX:SYA), with respect to the on-strike Lithium potential on other company tenements within Turner River Project.

The halt will remain in place until the opening of trade on Monday 21st March 2016, or earlier if an announcement is made to the market.

 

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Fri, 18 Mar 2016 10:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/153260/de-grey-mining-limited-to-update-on-lithium-potential-67594.html
<![CDATA[News - De Grey Mining Limited gains control of Turner River Project ]]> http://www.proactiveinvestors.com.au/companies/news/153259/de-grey-mining-limited-gains-control-of-turner-river-project-67488.html De Grey Mining Ltd (ASX:DEG) has control of the Turner River Project assets for the first time since 2009 after a hand back from Canadian listed Rugby Mining Limited (CVE:RUG).

The project, located 30 – 60 kilometres to the south west of Port Hedland provides De Grey with access to both the Turner River Gold and Turner River Base Metal assets.

De Grey believes that the value of Turner River assets are not currently realised by the market. Due to this, the company has commissioned a review of project resources, exploration potential and near term mining and development opportunities in light of the improved gold price.

The project review will include assessment of existing resources and identification of additional resources at current depth and assessment of the potential for additional drilling.

The Turner River Project contains 5 prospects with a total JORC resource totalling 406,000 ounces of gold of which 156,000 ounces is in the Measured category. With the recently completed $1.7 million capital raising, De Grey is well positioned to gain from the significant exploration now that De Grey has control of the tenement package.

The company is also led to believe that it will benefit from the carry forward tax loss of A$30 million and also the increase in Australian gold price from A$800 to A$1700 between 2008 to 2016.

 

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Mon, 14 Mar 2016 15:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/153259/de-grey-mining-limited-gains-control-of-turner-river-project-67488.html
<![CDATA[News - De Grey Mining to reveal raising while reviewing opportunities ]]> http://www.proactiveinvestors.com.au/companies/news/153258/de-grey-mining-to-reveal-raising-while-reviewing-opportunities-65579.html De Grey Mining (ASX:DEG) is preparing to outline capital raising details, with the ASX granting the company a trading halt to do so.

The company recently said that it was continuing a review a number of resource and non-resource sector investment opportunities.

The halt will remain in place until the opening of trade on Tuesday 17th November 2015, or earlier if an announcement is made to the market.

 

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Fri, 13 Nov 2015 11:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/153258/de-grey-mining-to-reveal-raising-while-reviewing-opportunities-65579.html
<![CDATA[News - De Grey Mining, Elixir Petroleum, Connexion Media among ASX % Gainers ]]> http://www.proactiveinvestors.com.au/companies/news/153257/de-grey-mining-elixir-petroleum-connexion-media-among-asx-gainers-58955.html Friday’s ASX % Gainers at mid-day.

NameCodeLastChangeVolume De Grey Mining ASX:DEG $0.002 100% 1,090,134 Elixir Petroleum ASX:EXR $0.004 33.333% 838,003 Crossland Metals ASX:CUX $0.008 33.333% 60,000 Kunene Resources ASX:KNE $0.070 32.076% 12,000 Mineral Commodities ASX:MRC $0.135 28.571% 2,000 Sumatra Copper & Gold ASX:SUM $0.050 28.205% 206,341 Central West Gold ASX:CWG $0.120 27.66% 197,300 K2 Energy ASX:KTE $0.015 25% 163,000 Connexion Media ASX:CXZ $0.210 23.529% 684,426 Strata-X Energy ASX:SXA $0.190 22.581% 253,469

 

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Fri, 14 Nov 2014 13:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/153257/de-grey-mining-elixir-petroleum-connexion-media-among-asx-gainers-58955.html
<![CDATA[News - De Grey Mining to start drilling base metals project in the Pilbara ]]> http://www.proactiveinvestors.com.au/companies/news/153256/de-grey-mining-to-start-drilling-base-metals-project-in-the-pilbara-58442.html De Grey Mining (ASX:DEG) will in early November commence a reverse circulation program at its Turner River Base Metals Project in Western Australia’s Pilbara region.

The six hole program is designed to increase base metal resources and delineate potential.

Current Inferred Resources at the project are 1.4 million tonnes grading 2.7% zinc, 84.44 grams per tonne silver, 1.1% lead, 0.08% copper and 0.56g/t gold at Orchard Tank and 1.05 million tonnes grading 2.63% zinc, 94.54g/t silver, 1.03% lead, 0.12% copper and 0.88g/t gold at Discovery.

Initial results from the drilling are expected before Christmas.


Turner River Base Metals Project

The Turner River Base Metals Project is one of two projects that was originally managed by Southern Cross Goldfields (ASX:SXG).

Prior to withdrawing from the two projects, Southern Cross expanded over $2 million exploring the projects.

Besides providing the data to update the Inferred Resource, this also identified at least 10 mineralised prospects from just 7 kilometres of drilling along a 23 kilometre strike length.

In addition, Rugby Mining – De Grey’s joint venture partner at the Turner River Gold Project – is currently carrying out drilling on the project.

This allows the company to capitalise on the opportunity for improved drilling costs by virtue of rigs and drilling teams already in the region.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Fri, 24 Oct 2014 13:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/153256/de-grey-mining-to-start-drilling-base-metals-project-in-the-pilbara-58442.html
<![CDATA[News - De Grey Mining, Mining Projects, Tag Pacific among ASX % Gainers ]]> http://www.proactiveinvestors.com.au/companies/news/153255/de-grey-mining-mining-projects-tag-pacific-among-asx-gainers-57305.html Tuesday's leading ASX % Gainers.

CompanyCodeLastChangeVolume Ord River Resources ORD $0.002 100% 1,270,600 De Grey Mining DEG $0.002 100% 250,000 Mining Projects Options MPJO $0.005 66.67% 2,140,000 Artemis Resources ARV $0.003 50% 150,000 Acacia Coal AJC $0.007 40% 2,100,000 Castle Minerals CDT $0.030 36.36% 189 Modun Resources MOU $0.004 33.33% 5,088,300 Mining Projects MPJ $0.009 28.57% 33,194,881 Tag Pacific TAG $0.140 27.27% 126,000 Green Rock Energy GRK $0.005 25% 36,509,739 Crucible Gold CUG $0.030 20% 150,000

 

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Tue, 02 Sep 2014 14:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/153255/de-grey-mining-mining-projects-tag-pacific-among-asx-gainers-57305.html
<![CDATA[News - De Grey Mining reveal exploration results from Great Northern ]]> http://www.proactiveinvestors.com.au/companies/news/153254/de-grey-mining-reveal-exploration-results-from-great-northern-56564.html De Grey Mining (ASX:DEG) is preparing to release exploration results from the Great Northern Gold Project, which was formerly known as the Turner River Gold Project.

The project is located in the Pilbara, Western Australia. In May, Rugby Mining (TSX-V:RUG) commenced a drilling program

De Grey Mining completed a Heads of Agreement with Rugby in March this year covering the Great Northern Gold Project.

A commitment from Rugby in the agreement was to commence drilling within 6 months of the signing of the agreement.

Rugby has an option to acquire 80% of the project.

The ASX has granted the company a trading halt to organise, with its shares placed in pre-open.

The halt will remain in place until the opening of trade on Thursday 31st July 2014, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Tue, 29 Jul 2014 12:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/153254/de-grey-mining-reveal-exploration-results-from-great-northern-56564.html
<![CDATA[News - De Grey Mining plans drilling at Turner River in the Pilbara ]]> http://www.proactiveinvestors.com.au/companies/news/153253/de-grey-mining-plans-drilling-at-turner-river-in-the-pilbara-56314.html De Grey Mining (ASX:DEG) is preparing to carry out a drilling program to increase Resources and delineate potential at its Turner River projects in Western Australia’s Pilbara region.

Resources have been estimated for just two of the 10 prospects identified from drilling.

Orchard Tank has an Inferred Resource of 1.4 million tonnes at 2.7% zinc, 84.44 grams per tonne silver, 1.1% lead, 0.08% copper and 0.56g/t gold.

Discovery has an Inferred Resource of 1.05 million tonnes grading 2.63% zinc, 94.54g/t silver, 1.03% lead, 0.12% copper and 0.88g/t gold.

Mineralisation remains open along strike and at depth.

Both are part of the Turner River Base Metals project, one of two projects that was originally managed by Southern Cross Goldfields (ASX:SXG).

Prior to withdrawing from the two projects, Southern Cross expanded over $2 million exploring the projects.

This has enhanced the prospectivity of the projects, extending known mineralisation, producing sampling and drilling targets and further advancing the understanding of the geological controls and settings related to gold and base metal mineralisation at Turner River.

De Grey has also identified strong anomalies at the Tabba Tabba prospect, which lies at the northern limit of the current exploration completed to date.

It plans to carry out a limited drilling program to test the Tabba Tabba geophysical anomalies and potential mineralisation extensions at Tabba Tabba and Discovery.



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Thu, 17 Jul 2014 10:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/153253/de-grey-mining-plans-drilling-at-turner-river-in-the-pilbara-56314.html
<![CDATA[News - De Grey Mining and Modun Resources among ASX % Gainers ]]> http://www.proactiveinvestors.com.au/companies/news/153252/de-grey-mining-and-modun-resources-among-asx-gainers-56097.html Monday’s leading intra-day % Gainers on the ASX.

NameCodeLastChangeVolume De Grey Mining ASX:DEG $0.002 100% 1,000,000 Modun Resources ASX:MOU $0.002 100% 1,355,400 Paynes Find Gold ASX:PNE $0.002 100% 300,000 RMG Limited ASX:RMG $0.002 100% 800,000 Green Rock Energy ASX:GRK $0.002 100% 24,145,200 Great Western Exploration ASX:GTE $0.046 53.333% 741,380 Mitchell Services ASX:MSV $0.045 50% 67,000 Oz Brewing ASX:OZB $0.007 40% 5,740,600 Bisan Limited ASX:BSN $0.021 40% 1,247,333 Ziptel Limited Options Dec16 ASX:ZIPO $0.030 36.364% 37,500

 

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Mon, 07 Jul 2014 15:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/153252/de-grey-mining-and-modun-resources-among-asx-gainers-56097.html
<![CDATA[News - De Grey Mining, Ogi Group, Emmerson Resources among ASX % Gainers ]]> http://www.proactiveinvestors.com.au/companies/news/153251/de-grey-mining-ogi-group-emmerson-resources-among-asx-gainers-55576.html Thursday's top % ASX Gainers intra-day.

CompanyCodeLastChangeTradesVolume De Grey Mining DEG $0.002 100% 3 855,455 Qanda Tech QNA $0.002 100% 1 300,000 Laneway Resources LNY $0.002 100% 2 355,921 Marenica Energy MEY $0.003 50% 6 201,000 Sinovus Mining SNV $0.003 50% 1 100,000 Safety Medical SFP $0.003 50% 6 200,583 Ogi Group OGI $0.007 40% 34 3,128,379 Emmerson Resources ERM $0.049 36.11% 91 4,738,930 Tasman Resources TAS $0.035 34.62% 21 1,214,732 Stonehenge Metals SHE $0.008 33.33% 4 281,897 Env Clean Tech ESI $0.004 33.33% 4 1,000,000

 

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Thu, 12 Jun 2014 15:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/153251/de-grey-mining-ogi-group-emmerson-resources-among-asx-gainers-55576.html
<![CDATA[News - De Grey Mining, King River Copper Options and Otis Energy amongst intra-day ASX % Gainers ]]> http://www.proactiveinvestors.com.au/companies/news/153250/de-grey-mining-king-river-copper-options-and-otis-energy-amongst-intra-day-asx-gainers-55110.html Wednesday’s leading intra-day % Gainers on the ASX.

NameCodeLastChangeVolume De Grey Mining ASX:DEG $0.002 100% 500,000 Otis Energy ASX:OTE $0.002 100% 2,000,000 Entellect Limited ASX:ESN $0.002 100% 6,031,167 Prime Minerals ASX:PIM $0.017 88.889% 25,736,858 Cardinal Resources Options Jun14 ASX:CDVO $0.005 66.667% 100,000 Moko Social Media Options Jun15 ASX:MKBOA $0.120 50% 17,906 Nemex Resources Options Dec14 ASX:NXROA $0.003 50% 300,000 King River Copper Options Jun15 ASX:KRCO $0.029 45% 10,000 Ogl Resources ASX:OGL $0.007 40% 75,000 Enerji Limited ASX:ERJ $0.007 40% 30,000

 

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Wed, 21 May 2014 13:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/153250/de-grey-mining-king-river-copper-options-and-otis-energy-amongst-intra-day-asx-gainers-55110.html
<![CDATA[News - De Grey Mining to collect cash royalties from Atlas Iron's Mt Dove project ]]> http://www.proactiveinvestors.com.au/companies/news/153249/de-grey-mining-to-collect-cash-royalties-from-atlas-irons-mt-dove-project-50387.html De Grey Mining Ltd (ASX: DEG) expects to receive in excess of $300,000 in royalty payments from Atlas Iron (ASX:AGO) this financial year due increased iron ore sold from Atlas' Mt Dove in Western Australia.

Ore sold will surpass 2 million tonnes in the current quarter, with production scheduled to continue into the first quarter 2014.

Consequently, royalty payments for iron ore mined from the Mt Dove site will re-commence as per a pre-existing agreement between the companies.

In April 2012, Atlas purchased the royalty payable over the first 2 million tonnes of iron ore produced from Mt Dove for a one off payment of $1 million.

The agreements provide for 1% gross value royalties payable to De Grey from future iron ore production by Atlas.

De Grey is currently capitalised at under $2 million.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Wed, 20 Nov 2013 15:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/153249/de-grey-mining-to-collect-cash-royalties-from-atlas-irons-mt-dove-project-50387.html
<![CDATA[News - De Grey Mining heads to market; to restructure board ]]> http://www.proactiveinvestors.com.au/companies/news/153248/de-grey-mining-heads-to-market-to-restructure-board-48489.html De Grey Mining (ASX: DEG) is in pre-open this morning following the ASX granting the company a trading halt - pending capital raising details.

DEG is also set to outline details of a board restructuring.

The company has gold and silver interests in Argentina and New Zealand.

The halt will be in place until the opening of trade on Monday 30th September, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Thu, 26 Sep 2013 12:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/153248/de-grey-mining-heads-to-market-to-restructure-board-48489.html
<![CDATA[News - De Grey Mining drilling intersects gold, silver and base metals in Argentina ]]> http://www.proactiveinvestors.com.au/companies/news/153247/de-grey-mining-drilling-intersects-gold-silver-and-base-metals-in-argentina-45206.html De Grey Mining‘s (ASX: DEG) drilling program at the Vein Breccia Zone of its Sierra Morena project in Argentina has intersected a mineralised polymetallic epithermal system with gold, silver and base metals in three out of four holes.

The results indicate that not only has the company encountered better mineralisation the deeper it drills, it is also encountering consistent gold and silver mineralisation.

One of the holes intersected multiple zones of mineralisation of:

-    4.3 metres at 0.4 grams per tonne gold, 21.8 g/t silver, 0.1% zinc and 0.3% lead from 82.3 metres;
-    2.5 metres at 1.35g/t gold, 25g/t silver, 0.1% zinc and 0.2% lead from 155.3 metres including 1 metre at 3.7g/t gold and 50g/t silver; and
-    2 metres at 0.4g/t gold, 106.5g/t silver, 0.3% zinc and 0.6% lead from 205.9 metres including 1 metre at 0.6g/t gold, 164g/t silver, 0.6% zinc and 1.2% lead.

These results when layered on the 3D CSAMT model show that sulphide mineralisation in the core correlates with the edge of the CSAMT target.

The base metal grades indicate the drilling is in a polymetallic vein breccia and the silver and gold grades give rise to the possibility of greater mineralization within this now defined system.

De Grey’s next program planned for the Vein Breccia Zone will test the extensions of the polymetallic epithermal mineralisation intercepted in the recently completed drill holes.

Sierra Morena is located within the western Deseado Massif and is located about 25 kilometres west of Patagonia Gold’s El Tranquilo project, which has combined resources of about 902,000 ounces of gold and 29 million ounces of silver.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Thu, 04 Jul 2013 14:40:00 +1000 http://www.proactiveinvestors.com.au/companies/news/153247/de-grey-mining-drilling-intersects-gold-silver-and-base-metals-in-argentina-45206.html
<![CDATA[News - De Grey’s Mining finds gold-silver epithermal system in Argentina ]]> http://www.proactiveinvestors.com.au/companies/news/153246/de-greys-mining-finds-gold-silver-epithermal-system-in-argentina-44878.html De Grey’s Mining (ASX: DEG) has confirmed the presence of a gold and silver epithermal system after completing early phase drilling at its Sierra Morena project in Argentina.

Interpretation of the recent work along with historical data has also identified three new anomalies at the SM6 prospect that will be the focus for the next phase of drilling.

Drilling on the West Vein at SM6 had intersected 5 metres at 37 grams per tonne silver including 1 metre at 5.56g/t gold and 67g/t silver.

Trenching of the East Vein returned 1 metre at 47.6g/t gold and 766g.t silver as well as 1 metre at 2.83g/t gold and 15g/t silver while West Vein trenching yielded four samples with an average grade of 1.69g/t gold and 95.25g/t silver.

De Grey’s said the latest drilling intersected the northern tip of what is interpreted as southerly plunging low sulphidation epithermal vein breccia.

Sierra Morena is located within the western Deseado Massif and is located about 25 kilometres west of Patagonia Gold’s El Tranquilo project, which has combined resources of about 902,000 ounces of gold and 29 million ounces of silver.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Wed, 26 Jun 2013 15:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/153246/de-greys-mining-finds-gold-silver-epithermal-system-in-argentina-44878.html
<![CDATA[News - De Grey Mining starts drilling for gold-silver in Argentina ]]> http://www.proactiveinvestors.com.au/companies/news/153245/de-grey-mining-starts-drilling-for-gold-silver-in-argentina-42443.html De Grey Mining (ASX: DEG) has started a diamond drilling program to test the first of many targets identified by the CSAMT geophysical survey over the SM6 and Vein Breccia Zone prospects at the Sierra Morena project in Argentina.

The veining at Goldcorp's Cerro Negro project (7.1 million ounce equivalent) and Hochchild's San Jose project (2.1 million ounce of gold equivalent) deposits to the north west of the Sierra Morena project have this dominant trend as does the nearby Joaquin.

The acid sulphate cap resistors at SM6 will be tested for gold-silver mineralisation first before the priority one CSAMT target resistor in the Vein Breccia Zone is tested in May.

Follow-up will be undertaken in the second half of 2013 due to the onset of winter in mid to late May, which is expected to halt operations.

The veining at SM6 was confirmed as low sulphidation epithermal veins with the prime mineralisation position likely to be within the deeper “granoso” unit of the Chon Aike formation or the even deeper andesite of the underlying Bajo Pobre formation.

The CSAMT survey identified a high range resistor sitting underneath the drilling at the West Vein with the core located 120 metres from the end of hole SM–12–06 that completed in December 2012.

A diamond tail is being drilled to test the core.

Apart from the East Vein, the other area identified as a potential host of mineralization was the acid sulphate cap sitting north of the December 2012 drilling that may represent the surface expression of a collapsed upflow epithermal zone.

Sierra Morena is located within the western Deseado Massif and is located about 25 kilometres west of Patagonia Gold’s El Tranquilo project, which has combined resources of about 902,000 ounces of gold and 29 million ounces of silver.

De Grey is currently in the process of raising up to $2.34 million through a $484,868 placement and entitlement offer for up to $1.86 million.

This will fund up to four drill programs, two geophysical programs and ongoing fieldwork.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Wed, 24 Apr 2013 15:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/153245/de-grey-mining-starts-drilling-for-gold-silver-in-argentina-42443.html
<![CDATA[News - De Grey Mining embarks on capital raising to fund gold drilling in Argentina, New Zealand ]]> http://www.proactiveinvestors.com.au/companies/news/153244/de-grey-mining-embarks-on-capital-raising-to-fund-gold-drilling-in-argentina-new-zealand-41573.html De Grey Mining (ASX:DEG) is on the market to raise up to $1.85 million via an entitlement offer after raising $484,868 by placing over 60 million shares at an issue price of 0.8 cents.

It is now offering shareholders on the record as of 17 April the opportunity to participate in a renounceable entitlement offer on a 1 for 2 basis at 0.8 cents per share.

The funds raised will be used to fund drilling programs in Argentina and New Zealand.

De Grey’s Argentina exploration to date has outlined two zones of epithermal gold-silver mineralisation to drill-ready status and, subject to landowner access agreements and contractor availability, it plans to drill those targets following the capital raising.

It is also maintaining very active exploration programs on its 3,255 square kilometres of ground holdings in Santa Cruz Province.

Recent programs completed at SM6 and Vein Breccia Zone have identified multiple drill targets at both sites. An initial drill program planned for April/ May 2013 will test the first of these sites with the completion of this work likely to be undertaken in October and November of this year.

It has recently acquired the advanced epithermal project, Puhipuhi, from Waihi Gold Company in the Northland region of New Zealand and is planning on an initial drill programme to be completed by May this year.

The Puhipuhi project has coincident structural, geochemical and geophysical anomalies that have never been drill tested and these will be the focus of the early drilling.


Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Thu, 04 Apr 2013 10:50:00 +1100 http://www.proactiveinvestors.com.au/companies/news/153244/de-grey-mining-embarks-on-capital-raising-to-fund-gold-drilling-in-argentina-new-zealand-41573.html
<![CDATA[News - De Grey Mining to head to market ]]> http://www.proactiveinvestors.com.au/companies/news/153243/de-grey-mining-to-head-to-market-41318.html De Grey Mining (ASX: DEG) is in pre-open this morning following the ASX granting a trading halt, pending an announcement of a proposed capital raising.

The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Tuesday 2nd April 2013.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Wed, 27 Mar 2013 10:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/153243/de-grey-mining-to-head-to-market-41318.html