| PGE - Nickel-Copper Exploration Project |

OVERVIEW

  • Platinum Group (Platinum, Palladium and Gold = PGE) mineralisation at the Joshua Prospect was discovered by De Grey in 2002.

  • Mineralisation is hosted by a large differentiated mafic-ultramafic dyke-like body of the Millindinna Suite near the boundary of the pyroxenite and peridotite phases.

  • Previously reported higher grade intersections have been returned over a 4.5km long zone including: IERC05; 15 metres at 1.39g/t PGE from 28m and IERC46; 14 metres at 1.32g/t PGE from 58m.

  • A 9km strike length of the prospective ultramafic body remains untested to the east of Joshua.

  • Another 13km strike length of linear magnetic anomalies interpreted to be similar differentiated dykes lie beneath shallow transported cover to the west and remain completely untested.
Copyright 2008 De Grey Mining Ltd