The Bold Explorer
11 January 2012
ASX/MEDIA RELEASE DRILL TARGET DEFINED AT PACHI PROJECT, ARGENTINA
De Grey Mining Ltd (De Grey or the Company) is pleased to
announce that geological mapping and surface sampling has
defined a structure hosting silver- gold mineralisation over
400 metres strike length at the Pachi Project, located in
Santa Cruz Province, Argentina.
Surface rock chip samples returned assays of up to 60.7g/t Ag
and 123ppb Au, significant in the context of exploring for
subtle surface expressions of low- sulphidation epithermal
gold-silver mineralisation. Mineralisation may extend along
strike, where extensions of the structure are obscured by
colluvium.
Textural features in outcrop exposures are consistent with
the surface expressions documented at other examples of
low-sulphidation epithermal gold-silver mineralisation in the
region that in some instances have, when drilled to depth,
yielded very high precious metals grades.
De Grey Mining Limited
Ph: +61 8 9285 7500
Suite 4, 100 Hay Street, Subiaco, WA 6008