Business
The De Grey Mining (ASX:DEG) share price slides despite positive gold results
The De Grey Mining Limited (ASX: DEG) share price is slipping, down 3.57% at the time of writing.
Shares are sliding today despite a positive announcement from the Western Australia gold explorer and developer released to the ASX this morning.
Let’s take a closer look at what this announcement means for the De Grey share price.
What did De Grey Mining report on its gold projects?
This morning, De Grey Mining released an update of its gold exploration activities at the Greater Hemi Intrusion targets. This area encompasses the Hemi Gold Discovery, south of Port Hedland in Western Australia.
The company is targeting various sites including Scooby to the east and Antwerp, Alectroenas, and Shaggy to the west of Hemi. De Grey is…
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