Musgrave Minerals Encounters Thick basement Gold Intersections at West Island, Cue JV

THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported assays received from diamond and aircore drilling programs underway on the company’s Cue Joint Venture with Evolution Mining in Western Australia’s Murchison district.

Musgrave Minerals said the diamond drilling continued to intersect potential ore grade intersections over wide thicknesses in basement rocks at the West Island prospect, including:

22CUDD001
2.4 metres at 7.1 grams per tonne gold from 137.9m, and 19m at 4.43g/t gold from 282m, including 10.5m at 6.25g/t gold from 287m

22CUDD002
2.9m at 9.59g/t gold from 308.1m, and 12m at 4.89g/t gold from 322m, including 9m at 6.37g/t gold from 322m; and

21MODD035
6.55m at 4.66g/t gold from 253.45m.

Aircore drilling results have also extended the large regolith gold mineralisation footprint at the West Island prospect, identifying new zones for follow-up basement drill testing, intersections include:

21MOAC148
2m at 119.6g/t gold from 174m, 500m south of current West Island diamond drilling; and

21MOAC206
2m at 18.06g/t gold from 74m, in new target area 2.8km south of West Island.

“The gold system at West Island on the Cue JV with Evolution is a discovery that highlights the upside potential of the Cue project,” Musgrave Minerals managing director Rob Waugh said in the company’s ASX announcement.

“Diamond drilling continues to deliver strong basement results with drilling confirming the potential for multiple high-grade basement gold lodes within the dolerite sill.

“To compliment these results aircore drilling continues to extend the West Island system and identify new basement targets under Lake Austin.”

Musgrave explained the intent of the drilling on the JV area is to delineate the scale of the gold system at West Island, test additional gold-in-regolith aircore anomalies and define new diamond drilling targets through aircore drilling.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@musgraveminerals.com.au

 

Web: www.musgraveminerals.com.au