THE DRILL SERGEANT: The needle-of-truth has continued to deliver for Musgrave Minerals (ASX: MGV) with drilling at the company’s 100 per cent-owned Cue project confirming its Starlight and White Light gold discoveries.
Musgrave Minerals reported assay results for a further five reverse circulation (RC) drill holes and the first five diamond drill holes from the current program at the new Starlight gold discovery at Break of Day.
RC drilling at Starlight delivered strong gold intercepts including:
14 metres at 191.1 grams per tonne gold from 4m, including 3m at 884.7g/t gold from 5m, including 1m at 2,518.8g/t gold from 6m;
22m at 5.8g/t gold from 15m, including 3m at 26.2g/t gold from 31m;
5m at 14.3g/t gold from 90m; and
6m at 5.3g/t gold from 232m.
Diamond drilling at Starlight returned intercepts including:
16m at 13.7g/t gold from 18m, including 4m at 40.8g/t gold from 18m and 9m at 6.1 g/t gold from 25m; and
0.5m at 25.4g/t gold from 269.5m.
Musgrave is continuing with drilling at Starlight, focussing on infilling and also extending the high-grade gold mineralisation at depth.
Drilling will also continue to test for new lodes within the Break of Day/Lena mineralised corridor with a third drill rig due to commence on the 100 per cent-owned Musgrave ground in mid-August.
Recent drilling undertaken at these locations returned:
20MODD007 (White Light lode)
3.8m at 40.5g/t gold from 100.2m, including 0.75m at 203.3g/t gold from 100.2m;
20MODD007 (Twilight lode)
0.7m at 34.1g/t gold from 65.1m; and
20MORC063 (Velvet lode)
12m at 6.4g/t gold from 40m.
“Starlight continues to produce stunning gold results in near-surface drilling,” Musgrave Minerals managing director Rob Waugh said in the company’s announcement to the Australian Securities Exchange.
“Further RC drilling is underway to infill and extend the Starlight mineralisation with the aim of completing a JORC resource update late in Q3 2020.
“Diamond drilling is also continuing to test for depth extensions of the high-grade Starlight lode below 250 vertical metres and to further define the White Light lode.
“We anticipate having four drill rigs on site by mid-August.”
TO READ THE ANNOUNCEMENT IN FULL: CLICK HERE