THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) added to its list of 100 per cent-owned Cue project achievements with recent reverse circulation (RC) drilling returning strong assay results from the newly discovered White Heat prospect in Western Australia.
Before being called White Heat, the prospect was formerly known as Target 2.
The recent drilling campaign identified high-grade gold in two basement zones with both zones open along strike and at depth.
Nine RC drill holes have been completed to date with assays received for the first four holes.
Intercepts from 1m individual samples include:
6m at 15.3 grams per tonne gold from 38m, including 3m at 28.8g/t gold from 38m
9m at 7.1g/t gold from 60m, including 2m at 28.7g/t gold from 60m and
4m at 43.2g/t gold from 98m, including 2m at 83.9g/t gold from 98m
6m at 7.4g/t gold from 35m, including 2m at 18.8g/t gold from 35m; and
5m at 8.8g/t gold from 40m.
“This is a great result from the first four RC holes at the new White Heat prospect and demonstrates the exploration upside of the tenement package,” Musgrave Minerals managing director Rob Waugh said in the company’s ASX announcement.
“The gold is high-grade and near surface but masked from previous explorers by two to three of transported hardpan clays.
‘Drilling is ongoing at White Heat which is only 400 metres south of the new Starlight lode.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE