For thousands of other reports visit RSC's Mineral Intellingence Map
Musgrave Minerals Ltd.
Summary
| Project: | Cue | |
|---|---|---|
| Deposit: | Starlight | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/3/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-6-2020: Musgrave Minerals Ltd. announces an Exploration/Drilling Update report for its Starlight deposit at the Cue project. Drilling results incl. 12m @ 112.9g/t Au from 36m. Musgrave Minerals Ltd (ASX: MGV) (“Musgrave” or “the Company”) is pleased to | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Robert Waugh (Internal) | |
| ABSTRACT: | Musgrave Minerals Ltd (ASX: MGV) (“Musgrave” or “the Company”) is pleased to report assay results for the first twelve reverse circulation (“RC”) drill holes from the current program at the new Starlight gold discovery. The Starlight link-lode at the Break of Day deposit is located on the Company’s 100% owned ground at its flagship Cue Gold Project in Western Australia’s Murchison district (Figure 1). The drilling is focused on infilling and extending the new high-grade lode where mineralisation has been intersected over a strike of more than 115m and remains open down dip. Musgrave Managing Director Rob Waugh said “This is a great start to the program and confirms the current model extending the mineralisation both up dip where it approaches the surface and down dip where it remains open. The bonanza high-grade, near surface mineralisation will enhance the open cut development potential of the deposit while the deeper mineralisation will enhance the underground potential.” This current RC drilling program at Break of Day, which is approximately 60% complete, consists of >36 holes for approximately 7,000m. The Starlight mineralisation is currently interpreted to lie proximal to the existing Break of Day resource (Figure 2) within an east-west mineralised zone. Significantly, all the intersections returned from Starlight sit outside the current resource at Break of Day | |
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