Musgrave Commences Next Round of RC Drilling at Break of Day

THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) has commenced reverse circulation (RC) drilling at the company’s wholly-owned high-grade Break of Day gold deposit on the Cue project in the Murchison region of Western Australia.

Musgrave Minerals said the planned RC drilling program will consist of 12 drill holes for a total of 2,500 metres armed with the primary objective of extending the high-grade gold mineralisation at Break of Day.

Musgrave recently announced a Mineral Resource for Break of Day of 868,000 tonnes at 7.15 grams per tonne gold for 199,000 ounces of gold.

Musgrave will also drill test the new high-priority Louise gold target located 600m south of Break of Day along the same mineralised corridor. First assay results are expected from early September.

“The Louise gold target is a high-priority soil geochemical anomaly 600 metres south of Break of Day along the same mineralised shear zone,” Musgrave Minerals said in its ASX announcement.

“The gold anomaly is 250 metres wide and has a strike of over 500 metres with a peak gold soil value of 1,382ppb gold (1.3g/t gold) and has never been effectively drill tested.

“The soil anomaly follows a series of old workings analogous to Break of Day.”

Email: info@musgraveminerals.com.au

Website: www.musgraveminerals.com.au