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De Grey Mining - Focus On Blue Moon Results

ASX:DEG   DEGREY FPO
Next catalyst for De Grey Mining             with be the assay results for Blue Moon drilling. DEG will also benefit from as an alternative to the Pilbara conglomerate from Novo Resources, whose last two announcements have left the market wondering on their approach to sampling and grading of the conglomerate. Expecting to see DEG and ARV to divest themselves from Novo announcements from here.



Upcoming News Flow
-----------------------------------
* Q4 2017 US/Canada Roadshow DEC 17
* Q1 2018 Toweranna final 1m drilling assays
* Blue Moon drilling assays
* King Col lithium soil sampling (5km strike) and diamond drilling
* Toweranna and Blue Moon Phase 2 RC/Diamond drilling commencement
* Conglomerate Gold             Target heritage surveys
* Loudens - Trench and bulk sampling commencement
* Farno McMahon/Van Maris geological mapping, geo             chem and heritage surveys
* Q2 2018 Toweranna and Blue Moon continued RC             and DD             drilling results
* Aircore/RAB - Farno McMahon, Van Maris Tabba Tabba Shear commencing
* Conglomerate Gold             trenching and bulk sampling results
* Metallurgical test work results and proposed final plant design

Conglomerate Gold            
----------------------------------
• Heritage Clearance
• Ongoing Orientation Sampling
• Reconnaissance Level Soil Sampling, Mapping, Metal Detecting
• Geophysics – trial seismic to detect basement of conglomerates
• Continue to monitor and learn from Novo/Artemis releases – leading the way!

Once heritage clearance achieved
• Trenching for geology and bulk sampling
• Drilling and/or adits


Highlights
---------------
* 1.2Moz GOLD             resources and growing
* Conglomerate Gold             Targets 3 target with nuggets
* Positive Scoping Study (PEA) with significant capacity to improve
* Large pipeline of 41 untested gold             anomalies > 200 kms of mineralised shear zone 1,800km2
* Large LITHIUM target 7.5km long target with new discovery drill intercep


JORC Deposit
--------------------
1.2Moz GOLD             deposit

Corporate Snapshot
------------------------------
Shares on issue: 284M
Listed Options on issue: 53M
Unlisted Options: 25M
Cash (Sept 2017): AUD $7.3 million
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