DEG 5.76% $1.29 de grey mining limited

three king project - speccy platinum/palladium and

  1. 2,154 Posts.
    De Grey's Three Kings Project at Indee got off to a good start with six holes producing mineralization at Abraham's Find, including 2m at 3.40 g/t of combined platinum, palladium and gold. This first program indicated potential economic grades over 700 metres

    A follow on drilling and IP program at Joshua 4.5 kilometres west produced more important results and indications that the strike may be continuous.

    The Three Kings project is at Indee station in the highly prospective Pilbara Craton 70 kilometres south of major infrastructure at Port Hedland. There is a gas pipeline running right through the tenement.

    The Three Kings site is on the edge of a major meteorite impact about 2.8 billion years ago. The area shows similarities to other impact structures around the world that have yielded a wealth of minerals and resources.


    About 10 kilometres to the north of Three Kings the company has a gold discovery in the Mt Berghaus area along the Mallina Shear which hosts other important gold discoveries.

    Further drilling at Three Kings is being planned as well as an exploration program for the Indee gold project at Mt Berghaus.

    DEG and in particular DEGO looks feasibly cheap

    Do your own DD!!!!!

    i hold.
 
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