THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) is out drilling again at the company’s Cue gold project in the Murchison district of Western Australia.
Musgrave Minerals has commenced reverse circulation (RC) drilling at the Break of Day deposit that is focussed on confirming the company’s new ‘link-lode’ hypothesis as well as testing for possible additional ‘link-lodes’ along the strike of the Break of Day resource.
On completion of the Break of Day program the drill rig will move to the Mainland prospect to undertake further drilling at Consols where high-grade gold has been intersected near surface.
“The company is very active in the Cue region and will continue to drill multiple targets in the first quarter of 2020 to make new discoveries and grow the resource base,” Musgrave Minerals managing director Rob Waugh said in the company’s announcement to the Australian Securities Exchange.
“We look forward to reporting the new drill results as they come to hand.”
Musgrave Minerals holds 100 per cent of the Break of Day area and holds an option to acquire 100 per cent of the basement gold rights at Mainland.
The RC drill programs at Break of Day and Mainland will consist of approximately 14 holes with first assays from this drilling expected in early March 2020.