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 | |
| Date: | 2/28/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-2-2020: Musgrave Minerals Ltd. announces an Exploration/Drilling Update report for its Break of Day deposit at the Cue project. Drilling results incl. 6m @ 81.7g/t Au from 72m. Musgrave Minerals Ltd (ASX: MGV) (“Musgrave” or “the Company”) is pleased t | |
| Resources: | (Resource, I+I): 6.45Mt @ 3.0g/t Au at Cue | |
| CP/QP: | [Overall Report]: Robert Waugh (Internal) | |
| ABSTRACT: | Musgrave Minerals Ltd (ASX: MGV) (“Musgrave” or “the Company”) is pleased to report highgrade gold results from reverse circulation (“RC”) drilling at the 100% owned Break of Day deposit on the Company’s flagship Cue Gold Project in Western Australia’s Murchison district (Figure 1). Drilling was focussed on testing the new high-grade link-lode at Break of Day and has returned very high-grade gold results in the first drill holes. Musgrave Managing Director Rob Waugh said “This is a fantastic result and confirms the discovery of the high-grade link-lode at Break of Day. It also extends the Twilight lode and with further drilling we are confident we can significantly grow the high-grade Break of Day resource. This discovery also verifies a new target model for future drilling to test for additional discoveries in the region. We have yet to define the limits of this new link-lode and there are opportunities to find others in the Break of Day-Lena area.” This RC drill program at Break of Day consisted of 13 holes for 2,490m. Assays for the first five holes are provided in this announcement (Table 1a and 1b) with assay results for the remaining eight holes expected within the next three weeks. | |
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