De Grey Strikes Gold at Eagle and Diucon deposits

Western Australian gold explorer De Grey has announced substantial advancements at the Hemi project in the Pilbara region. Exploratory efforts have led to major strike extensions at the Eagle and Diucon deposits, with potential for increased scale of the Diucon-Eagle open pits and enhanced underground mining opportunities. De Grey's general manager of exploration, Phil Tornatora, highlighted the extension of mineralisation at depth at Eagle and along Diucon's strike. The high-grade mineralisation zones are associated with significant shear zone inflections and visible gold-bearing quartz veins. De Grey has been actively developing the Hemi project since 2019 when a valuable gold discovery was made in the Mallina Basin. The company's focus on exploration drilling is yielding promising results, with the potential for resource expansion and future underground mining.