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COVER
“The scoping study is on target for the September quarter, “The only drilling below 300m in that entire 20km by 10km area
but we are absolutely committed to extending what we know is on the four main zones, we are only just putting deeper holes
about Hemi and will continue with 12 rigs for the foreseeable into Diucon and Eagle and there are zero deeper holes outside
future,” Beckwith says. that,” Beckwith says.
All six defined orebodies remain open at depth with obvious Having refined the approach over the last 16 months, the De
potential given the high endowment of each. Grey exploration team is confident it can move rapidly through
“Brolga, Aquila, Crow and Falcon have only been drilled down prospects at Greater Hemi.
to 500m and there is ample scope to expand,” Beckwith says. “We are busy with aircore drilling on Greater Hemi now,” Beckwith
says. “That gets probably 50m into the bedrock
Six-deposit maiden: The six orebodies which make up the initial Hemi resource but because we are quick to recognise the rock
Deposit Million Tonnes Grade (g/t) Contained Gold (moz) type and the alteration, we know what we are
Brolga 62.8 1.1 2.26 onto straight away which reduces the time we
Aquila 18.1 1.4 0.84 take testing targets.”
Crow 29.3 1.1 1.03 While Greater Hemi holds plenty of opportunity,
Falcon 33.7 1.1 1.23 Beckwith is also eager to identify and test more
Diucon & Eagle 48.5 0.9 1.45 intrusions along the 150km of strike the company
Total 192.4 1.1 6.80 controls at Mallina.
“We are building up the regional team to look at old
Drilling is set to target down-dip extensions at the four original resources and potential intrusion targets,” he says. “In something
deposits but Diucon and Eagle appear particularly ripe for like Talbot, we have a prospect sitting in the sediments. It is an
immediate extension given they are also open along strike. enigma but the alteration looks like Hemi so we will go back and
“Diucon and Eagle will undoubtedly grow in the next 3-6 months,” have a think about that and other targets.”
Beckwith says. “Diucon in particular looks low grade but only Despite the plus-6 moz resource, Beckwith is still confident of
needs more drilling. We are already seeing good grade close to making further “game-changing” discoveries.
surface as we head west.”
“There is definitely opportunity for another discovery that would
Further afield, the Greater Hemi region contains numerous other change the dynamics of the project again,” he says. “If we
targets. latch onto something, such as another intrusion zone, we will
Grade appeal:
How Hemi stacks up to higher cut-off grades
Cut-off grade above 370m Below 370m Resource
0.3 g/t gold 1.5 g/t gold 6.8 moz @ 1.1 g/t
0.5 g/t gold 1.5 g/t gold 6.4 moz @ 1.3 g/t
0.7 g/t gold 1.5 g/t gold 5.6 moz @ 1.5 g/t
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