De Grey Mining Ltd (ASX: DEG)

Name: De Grey Mining Ltd

De Grey is a Perth based ASX listed precious and base metals exploration company with three major projects. The Turner River Gold Project in the 100% owned Turner River Province on Indee Station 60 kms south of Port Hedland. The Turner River Gold Project comprises the Wingina Well gold deposit (preliminary resource estimate 203,000 ozs of gold), the Mt Berghaus, Turner and Brierly gold prospects and eight other satellite gold exploration targets. The Three Kings Platinum project, also in the 100% owned Turner River Province, where exploration funded by De Grey's joint venture partner, Implats of South Africa, has recently intercepted a wide zone of platinum. Follow up drilling is being planned. PGE mineralisation extends over a strike length of 5.5 kms. Implats is earning a 43% interest in the platinum project. The Beyondie Bluff base and precious metals project in the Little Sandy Desert 35 kms east of Kumarina where De Grey's initial drilling programme of 4,000 metres has found indications of zinc, nickel, molybdenum, gold and copper over a six km strike length. De Grey has 100% ownership of the 2,600 square kms of tenements at Beyondie Bluff.

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