Page 18 - gmj144-July-Sept-mag-web
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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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