For thousands of other reports visit RSC's Mineral Intellingence Map
Musgrave Minerals Ltd.
Summary
| Project: | Cue | |
|---|---|---|
| Deposit: | Break of Day | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Zinc-Copper | |
| Date: | 3/15/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-3-2018: Musgrave Minerals Ltd. announces an Exploration/Drilling Update report for its Break of Day deposit at the Cue project. Drilling results incl. 16.3m @ 1.2g/t Au from 258.7m. Musgrave Minerals Ltd (“Musgrave” or “the Company”) (ASX: MGV) is plea | |
| Resources: | (Resource, I+I): 868kt @ 7.15g/t Au for 199koz Au at Break of Day | |
| CP/QP: | [Overall Report]: Robert Waugh (Internal) | |
| ABSTRACT: | Musgrave Minerals Ltd (“Musgrave” or “the Company”) (ASX: MGV) is pleased to report further gold assay results from the recent extensional diamond drilling program at the wholly owned Break of Day gold deposit along with plans for a significant aircore drilling program to follow-up recently identified near surface targets, within the Company’s flagship Cue Project in Western Australia’s Murchison district (Figures 1 and 4). DIAMOND DRILLING AT BREAK OF DAY A total of seven diamond drill holes (three infill and four extensional) for 2,423m were completed at Break of Day. Assays have now been received for all four extensional drill holes. The high-grade mineralisation remains open at depth (Figure 2). 2 Figure 1: Location plan showing drill hole collars and recent intersections for the Break of Day gold deposit The Twilight Lode was intersected in all four drill holes with best intersections of 16.3m @ 1.2g/t Au from 258.7m down hole including 0.7m @ 9.9g/t Au from 258.7m (18MODD004) and 1.8m @ 4.5g/t Au from 333.0m down hole (18MODD002). In addition the Velvet Lode was intersected in drill hole 18MODD002 returning 2.1m @ 2.6g/t Au from 362.8m down hole. All significant results are reported in Table 1. The diamond drilling supports the interpretation of a steep dip to the highgrade shoots on the Twilight lode and will add valuable structural data to enhance targeting within the broader area. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report