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Musgrave Minerals has drill spinning at Break of Day

Musgrave is drilling at Break of Day and expects a resource update for the Lena deposit as it grows the resource base.

Musgrave Minerals Ltd - Musgrave Minerals has drill spinning at Break of Day
Drilling will test the new link-lode hypothesis and target additional link-lodes at Break of Day

Musgrave Minerals Ltd (ASX:MGV) has recommenced RC drilling at the Break of Day prospect within its flagship Cue Gold Project in Western Australia.

Drilling, which will comprise 14 holes for 2,000 metres and will also target Mainland with the first assays expected in early March 2020.

At Break of Day, drilling is testing for possible additional link-lodes along the strike of the Break of Day resource.

Drilling at Mainland will focus on Consols where high-grade gold has been intersected near surface.

Growing the resource base at Cue Project

Musgrave’s managing director Rob Waugh said: “The company is very active in the Cue region and will continue to drill multiple targets in the first quarter of 2020 to make new discoveries and grow the resource base.

“We look forward to reporting the new drill results as they come to hand.”

Lena resource update due this quarter

Musgrave is progressing towards delivering a Lena resource update later in the current March quarter.

Additionally, diamond drilling on the Evolution JV at Lake Austin North has recommenced after breaking for holidays with assay results are expected in March 2020.

On the broader JV area over Lake Austin at Cue, Evolution and Musgrave are also planning a large aircore drilling program in February to further define gold targets for deeper drilling.

Quick facts: Musgrave Minerals Ltd

Price: 0.096 AUD

Market: ASX
Market Cap: $38.94 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...

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