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Full interview: Musgrave Minerals hits high-grade gold in Break of Day drilling and Mainland sample

Musgrave Minerals Ltd (ASX:MGV) managing director Robert Waugh updates Proactive on the latest drilling results with high-grade gold intersected at Break of Day while a rock-chip sample from Mainland has returned ultra-high-grade gold.

Both prospects are within the company’s flagship Cue Project.

The intercept is approximately 75 metres south of the current Break of Day resource, with mineralisation open along strike and down plunge. Follow-up drilling is due to start in three weeks.

Waugh said the ultra-high-grade gold results from an iron-quartz breccia sample in an area of no previous drilling at the newly acquired Mainland prospect was highly encouraging.

Quick facts: Musgrave Minerals Ltd

Price: 0.089 AUD

Market: ASX
Market Cap: $36.08 m

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Musgrave Minerals intersects broad high-grade gold at Break of Day within...

Musgrave Minerals Ltd (ASX:MGV) managing director Rob Waugh updates Proactive on further broad high-grade gold results from RC drilling at the Break of Day deposit of the flagship Cue Gold Project in WA. The managing director said the high-grade gold had been intersected in a ‘link’ position...

on 4/12/19

2 min read