THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported further assay results from regional aircore drilling at the Big Sky prospect within the company’s Cue gold project in Western Australia’s Murchison district.
The Big Sky prospect sits along a newly defined gold corridor south-west of the Lena on Musgrave’s 100% owned ground at Cue.
Recent aircore drilling has now linked Targets 5 and 20 to define a continuous regolith gold anomaly with a strike extent over 1.2 kilometres that has been named Big Sky.
The gold mineralisation remains open to the north and south and down dip.
New intersections include:
30 metres at 5.8 grams per tonne gold from 30m, including 6m at 27.7g/t gold from 30m; and
12m at 4.1g/t gold from 42m.
“The aircore drilling is continuing to define strong continuous regolith gold mineralisation along the new gold corridor south-west of Lena under thin transported cover,” Musgrave Minerals managing director Rob Waugh said in the company’s ASX announcement.
“The high-grade, strong continuity and near surface nature of the mineralisation is extremely encouraging.
“The regolith gold dispersion is over a broad area with RC follow-up drilling, testing basement targets scheduled to commence next week.
“We currently have three exploration drill rigs on site and a significant drilling program planned for the remainder of 2021.
“RC drilling is also continuing at White Heat.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE