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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: 0.078 AUD

Market: ASX
Market Cap: $31.62 m

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Full interview: Musgrave Minerals signs $18 million earn-in JV with...

Musgrave Minerals Ltd (ASX:MGV) managing director Robert Waugh updates Proactive on the signing of an $18 million earn-in joint venture agreement with Evolution Mining centred on the Lake Area of the Cue Project in W.A.  Evolution can earn 75% in the area by sole funding $18 million in...

3 weeks, 6 days ago

2 min read