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Musgrave Minerals Ltd.
Summary
| Project: | Cue | |
|---|---|---|
| Deposit: | A-Zone | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Zinc-Copper | |
| Date: | 3/11/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-3-2019: Musgrave Minerals Ltd. announces an Exploration/Drilling Update report for its A-Zone deposit at the Cue project. Drilling results incl. 295m @ 0.33g/t Au from 83.8m. Musgrave Minerals Ltd (ASX: MGV) (“Musgrave” or “the Company”) has received f | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Robert Waugh (Internal) | |
| ABSTRACT: | Musgrave Minerals Ltd (ASX: MGV) (“Musgrave” or “the Company”) has received further assay results from diamond drilling at the A-Zone gold target at Lake Austin North, located 3km north of the Break of Day gold deposit within the Company’s flagship Cue Project in Western Australia’s Murchison district (Figure 1). Musgrave Managing Director Rob Waugh said “Diamond drilling is continuing to intersect thick zones of alteration and gold mineralisation in the basement at A-Zone where the system remains open along strike and at depth. The ongoing focus will be to define the higher grade zones within the system and drill test the new targets defined by the current lake aircore drilling. The supergene gold blanket that sits in the weathered zone is up to 350m wide on some sections, so there is the potential for multiple ore positions on each section that are yet to be drill tested. We remain highly encouraged by the size of the gold system at Lake Austin North, and as each hole is drilled our understanding of the system increases.” | |
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