For thousands of other reports visit RSC's Mineral Intellingence Map
Musgrave Minerals Ltd.
Summary
| Project: | Cue | |
|---|---|---|
| Deposit: | Starlight | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/6/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-7-2020: Musgrave Minerals Ltd. announces an Exploration/Drilling Update report for its Starlight deposit at the Cue project. Drilling results incl. 85m @ 11.6g/t Au from 7m. Musgrave Minerals Ltd (ASX: MGV) (“Musgrave” or “the Company”) is pleased to re | |
| 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 assay results for a further eight reverse circulation (“RC”) drill holes from the current program at the new Starlight gold discovery at Break of Day. Drilling continues to confirm the Starlight discovery and the strong near surface high-grades in multiple individual lodes. Starlight remains open to the south-east and down dip where drilling is continuing. All intercepts reported in the current drilling program are outside the existing Break of Day resource estimate. The Starlight lode at Break of Day is located on the Company’s 100% owned ground at its flagship Cue Gold Project in Western Australia’s Murchison district (Figure 1). Drilling at Starlight is continuing, with a focus on infilling and extending the high-grade gold mineralisation intersected to date. Drilling will also continue to test for new lodes within the Break of Day and Lena system following the discovery of the new White Light lode located 75m south of Starlight (see MGV ASX release dated 29 June 2020, “New gold lode discovered 75m south of Starlight”). | |
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