THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported further strong assay results from regional aircore drilling across numerous targets on the company’s 100 per cent-owned ground at its Cue gold project in Western Australia’s Murchison district.
Follow-up aircore drilling at Target 5, located four kilometres to the south of the Break of Day deposit returned strong high-grade, near surface gold results, including:
6m at 10.62 grams per tonne gold from 30m;
6m at 5.23g/t gold from 24m within a broader interval of 18m at 1.97g/t gold from 24m to EOH;
6m at 4.56g/t gold from 36m to EOH;
6m at 3.24g/t gold from 36m to EOH;
30m at 1.10g/t gold from 12m to EOH; and
18m at 1.15g/t gold from surface.
“This is another excellent set of results from our regional drilling program where we continue to have success with our gold exploration,” Musgrave Minerals managing director Rob Waugh said in the company’s ASX announcement.
“Further strong, early stage, near surface, gold hits were received across a number of targets with Target 5 being the highlight.
“Target 5 is open along strike, both to the north and south, with significant potential to extend the mineralisation.
“We are back drilling again at the White Heat prospect and will have a second drill rig on site in the first week of February.”
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