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#ASX Announcements
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Added 3 years ago

DEV  DEVEX Junee Project:

Preamble:

Project is located 60km north-east of the Basin Creek Project in the highly endowed copper-gold province of the Macquarie Arc. Drilling continues at the nearby Junee Copper-Gold Project, where preliminary geological observations indicate that the 2km long magnetic anomaly at Nangus Road is associated with porphyry copper-gold style alteration within an intrusive monzonite similar to the Ordovician Cu-Au Cooba Monzonite to the north.

Australia's largest Porphyry copper golden terrane. 

Observation: Has DEV found support here at 30cents?

Chart price in under the 50 Day MA, MACD has crossed to the upside, RSI trend at 48 at present 

DEV ~ 29c/ share . At present down 1.7% today. So not exciting the market here.

Announcement:

26/7/21

New results significantly upgarde the Junee Prophyry copper - gold project, NSW

Latest exploration upgrade the potential of the Nangus Road Prospect within the 100% owned - Junee Prophyry Copper - Gold Project.

Multiple chargability anomalies identified beneathth the extensive copper, gold bedrock anomaly.

High grade gold of upto 3.5g/T from individual 1 meter samples of previously reported wide spaced air core drilling.

wide spaced recirculation drilling RC to the South of  previously reported air core results has also extended the bedrock anomaly, increasing the total strike extent to ~ 2 kms.

Note the Chairman,

Mr Timothy Rupert Barr Goyder

Executive Director,Executive Chairman (Since 2014)

Goyder is also NED of miners CHN, LTR and DEV