The Company’s activities are focussed on the 100% owned Mallina Gold Project in the Pilbara region of WA. Here De Grey has made a large scale, high value, near surface gold discovery at an area called Hemi.

The Hemi discovery is rapidly moving towards De Grey’s goal of defining a Tier 1 project with true district-scale potential. Mineralisation in the Hemi area has been identified over a large area, with a 6.8Moz mineral resource. The discovery remains open in multiple directions.

De Grey’s recent focus on expanding Hemi means many prospective targets remain untested throughout the wider Mallina Project area. Some of the highest priority targets will be drill tested for the first time during 2021.