Musgrave Minerals and Evolution Encounter Further gold intersections at West Island on the Cue JV

THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) released drilling results at the West Island prospect, located within the Cue JV in Western Australia’s Murchison district.

The results gave credence as to why Evolution recently opted to satisfying the earn-in requirement under the Cue Project Earn-in and Exploration Joint Venture Agreement.

Evolution Mining completed diamond drilling at the West Island prospect, approximately 6km north of Musgrave’s Break of Day deposit, which intersected further strong gold intersections within a basement dolerite host unit.

Results from the Evolution drilling include:

22CUDD019A
5.5m (3.8m estimated true width (ETW)) at 4.16g/t gold from 349.5m; and

22CUDD021
11.5m (8m ETW) at 8.71g/t gold from 235.5m, including 1m (0.9m ETW) at 66g/t gold from 238m.

The drilling program is targeting key mineralised gold lodes to determine the scale of the mineral system at West Island.

The mineralised lodes are interpreted as a series of stacked shears and veins, with associated high-grade splays.

“These are another set of good results from West Island and continue to define the scope of the basement gold mineralisation,” Musgrave Minerals managing director Rob Waugh said.

A Joint Venture committee will meet in February, at which time a data review currently underway and a program and budget for ongoing exploration will be considered.

Musgrave has the right to contribute or can elect to dilute once the program and budget has been approved by the committee.

 

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