Musgrave Minerals (ASX: MGV) reported new assay results from regional aircore drilling at the Big Sky prospect along the new gold corridor south-west of the Lena deposit on the company’s 100 per cent-owned ground at its Cue gold project in Western Australia’s Murchison district.
Musgrave Minerals declared recent aircore drilling has further extended the regolith gold mineralisation to over 2.6 kilometres of continuous strike where it remains open to the north, south and down dip.
New intersections include:
18 metres at 1.33 grams per tonne gold from 36m;
42m at 0.46g/t gold from 12m to EOH, including 6m at 2.52g/t gold from 48m to EOH;
12m at 0.97g/t gold from 48m;
24m at 1.29g/t gold from 78m to EOH, including 6m at 3.8g/t gold from 84m;
6m at 0.87g/t gold from 30m; and
45m at 1.05g/t gold from 42m.
“The aircore drilling has continued to extend the strong continuous regolith gold mineralisation along the new gold corridor south-west of Lena at Big Sky,” Musgrave Minerals managing director Rob Waugh said in the company’s ASX announcement.
“This new system is masked from surface by a thin veneer (1-4m) of transported cover.
“The grade, extent and strong continuity of the Big Sky regolith mineralisation indicates the potential to host a significant mineralised system.
“A large follow-up, 10,000 metres RC drill program has commenced.”
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