For thousands of other reports visit RSC's Mineral Intellingence Map
Musgrave Minerals Ltd.
Summary
| Project: | Cue | |
|---|---|---|
| Deposit: | Lena | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/13/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-1-2020: Musgrave Minerals Ltd. announces an Exploration/Drilling Update report for its Lena deposit at the Cue project. Drilling resumes at 3m @ 38.2g/t Au from 113m. Musgrave Minerals Ltd (ASX: MGV) (“Musgrave” or “the Company”) is pleased to report h | |
| Resources: | ||
| 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 Lena and individual one metre resamples from drilling at Break of Day and Mainland on the Company’s flagship Cue Gold Project in Western Australia’s Murchison district (Figure 1). Lena, Break of Day and Mainland are not part of the Evolution Joint Venture. Musgrave Managing Director Rob Waugh said “These are further strong results at Lena, Break of Day and Mainland and continue to highlight the resource growth potential of all three prospects. With drilling already commenced for the 2020 year we are looking forward to more exciting results as the programs progress. The strong results from drilling at Lena to date confirm the geological interpretation which is showing good continuity of the high-grade shoots at depth and will further enhance the resource update expected later in Q1 2020.” The RC drill programs at Lena, Break of Day and Mainland consisted of a combined 29 holes for 3,568m. The final assays for this drilling have now been received (Table 1a) with high-grade results across all three prospect areas. | |
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