De Grey Mining (ISIN:AU000000DEG6; ASX: DEG; FSE: DGD) – Gold - Developer/Explorer – WA - NEWS-New shear hosted gold discovery at Gillies on Farno JV

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De Grey Managing Director, Glenn Jardine, commented: “Gillies is shear zone hosted, similar to Withnell, Wingina, Mallina and Mt Berghaus, which make up a significant portion of the Company’s regional 2.2M ounce existing endowment. Exploration within the Farno JV area is at a very early stage however this new gold system provides strong evidence on the potential of the region. De Grey has formed a dedicated regional exploration team which is preparing for the Company to restart exploration outside of the Greater Hemi area, in parallel with extensional and exploration work within the Greater Hemi area. We anticipate following up the Gillies discovery hole in the next quarter.”