Musgrave Minerals Ltd (ASX:MGV) has revealed a drilling result of 3 metres at 13.9 g/t gold from 53 metres in a potential southern extension to the Break of Day deposit, part of the company’s flagship Cue Gold Project in WA’s Murchison district.
This hole includes 2 metres at 20 g/t gold from 53 metres and is about 75 metres south of the current resource boundary, remaining open down plunge.
The intercept is up dip of drill hole 19MORC015 that intersected 2 metres at 9 g/t gold.
Cross section at Break of Day showing new drill results and proposed drilling
Mainland prospect rock-chip sampling
Musgrave has also been undertaking early-stage exploration activities at the newly acquired Mainland prospect at Cue.
Rock-chip sampling at Mainland has returned a highly encouraging ultra-high-grade gold assay result from an iron-quartz breccia sample in an area of no previous drilling.
The sample assayed 3,449 g/t gold with visible gold obvious in the sample.
Prospect location plan
Musgrave managing director Rob Waugh said: “This is another strong drilling result extending the high-grade gold mineralisation at Break of Day.
“The ultra-high grade rock-chip sample at Mainland is encouraging as this prospect has never been drilled, highlighting the potential for ultra-high grades in the Mainland area.
“We’re excited to commence drilling on this new target at Mainland in approximately three weeks.”