Uncovering Gold: Nunyerry North High-Grade Zone Expanded and Egina Gold Camp Exploration Progresses
HIGHLIGHTS
Recent RC drilling at Nunyerry North has extended the high-grade Main Lode to 500 m strike/plunge and intersected high-grade gold along the Estrid Fault. Standout intercepts from the 34 hole, 3,942m program include:
- 13 m at 2.68 g/t Au from 66 m, including 3 m at 10.41 g/t Au from 66 m (NC046)
- 11 m at 2.20 g/t Au from 84 m, including 1 m at 18.06 g/t Au from 86 m (NC046)
- 17 m at 1.85 g/t Au from 25 m, including 7 m at 3.55 g/t Au from 25 m (NC063)
- 9 m at 2.52 g/t Au from 87 m, including 2 m at 8.89 g/t Au from 92 m (NC061)
- 2 m at 7.38 g/t Au from 42 m (NC051)
At the Egina Joint Venture, De Grey Mining (ASX: DEG) continues key exploration activities at the Becher Project, with drilling at Heckmair, Lowe, and Whillans, southwest of De Grey’s 12.71 Moz Hemi Gold Project.
How Will This Affect Me?
As an investor or someone interested in the gold mining industry, the expansion of the high-grade zone at Nunyerry North and the progress in the Egina Gold Camp exploration is significant news. It could potentially lead to increased investment opportunities and potential profits in the future if the drilling results continue to show promising gold grades.
How Will This Affect the World?
The discovery and expansion of high-grade gold zones and the progress in gold exploration projects play a role in the global economy. Gold is a valuable commodity that is used in various industries and investments. Any significant finds or developments in gold mining can have an impact on the world market and supply of gold.
Conclusion
The recent drilling results at Nunyerry North and the ongoing exploration at the Egina Gold Camp demonstrate the potential for significant gold discoveries. This news is not only exciting for investors but also has broader implications for the world economy. The progression in gold exploration projects is a testament to the continuous search for valuable resources and the innovation in the mining industry.
