Musgrave Minerals Extends Starlight Discovery Mineralisation

THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) reported more positive results from a further 10 reverse circulation (RC) drill holes and four diamond drill holes carried out as part of the current program at the company’s Cue gold project in Western Australia.

Musgrave is continuing to drill at the new Starlight gold discovery at Break of Day in order to confirm the high-grade nature of the Starlight discovery.

Starlight remains open down plunge where drilling is continuing.

All intercepts reported in the current drilling program are outside the existing Break of Day resource estimate.

RC drilling at Starlight returned strong gold intercepts, including:

12 metres at 19.5 grams per tonne gold from 3m;

8m at 17g/t gold from 74m in the main Starlight lode, including 2m at 56.4g/t gold from 74m, and;
4m at 16.1g/t gold from 149m in a footwall position.

12m at 9.4g/t gold from 129m, including 5m at 20.6g/t gold from 129m.

Diamond drilling at Starlight also returned encouraging intercepts, including:

5.6m at 12.7g/t gold from 257.6m; and

4.7m at 7g/t gold from 132.2m.

“These are further excellent drill results from Starlight which is showing great continuity in the top 200 metres,”

“We are currently focusing on the depth extents at both Starlight and the new White Light discovery.

“The regional program has also kicked off with the focus on making additional high-grade gold discoveries in the belt.”

Musgrave has taken delivery of an additional drill rig to test for new lodes within the Break of Day/Lena mineralised corridor on 100 per cent owned Musgrave ground.

This program will test 18 new targets derived from geophysical, geochemical and geological data and focus on the potential for high-grade gold mineralisation on structures cross-cutting stratigraphy similar to that seen at Starlight.