For thousands of other reports visit RSC's Mineral Intellingence Map
Musgrave Minerals Ltd.
Summary
| Project: | Cue | |
|---|---|---|
| Deposit: | Starlight (Break of Day) | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/1/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-4-2020: Musgrave Minerals Ltd. announces an Exploration/Drilling Update report for its Starlight (Break of Day) deposit at the Cue project. Drilling results incl. 42m @ 6.8g/t Au from 70m. Musgrave Minerals Ltd (ASX: MGV) (“Musgrave” or “the Company”) i | |
| 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 further highgrade gold assay results from reverse circulation (“RC”) drilling at the 100% owned Starlight Link-Lode at the Break of Day deposit on the Company’s flagship Cue Gold Project in Western Australia’s Murchison district (Figure 1). Drilling was focused on testing the new high-grade link-lode and has continued to return consistent, high-grade gold results in drilling where the mineralisation has now been extended to a strike of over 100m and remains open to the west and down dip. The Break of Day gold deposit has a resource of 868Kt @ 7.2g/t Au for 199koz contained gold. The Cue Gold Project hosts total resources of 6.45Mt @ 3.0g/t Au for 613koz and includes Break of Day and the Lena deposit located 130m to the west (see MGV ASX releases dated 14 July 2017 and 17 February 2020). This RC drilling program at Break of Day consisted of 13 holes for 2,490m. Assays for nine holes have been previously reported; although one metre re-assay of composite samples are awaited. New assay results are provided in this announcement (Table 1a and 1b) | |
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