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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: 0.086 AUD

ASX:MGV
Market: ASX
Market Cap: $34.89 m
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Full interview: Musgrave Minerals has RC drill spinning at Break of Day

Musgrave Minerals Ltd (ASX:MGV) managing director Rob Waugh updates Proactive on reverse circulation (RC) drilling resuming to test the high-grade ‘link-lode’ at Break of Day, on the company’s flagship Cue Gold Project in WA. The MD says the company has had a quick start to 2020 and he...

on 31/1/20

2 min read