Musgrave Minerals Ltd (ASX:MGV) New Gold Corridor Identified at Cue
FRA:6MU) is pleased to report further strong reverse circulation ( RC ) gold assay results from regional drilling of new targets on its 100% owned ground at its flagship Cue Gold Project in Western Australia s Murchison district (Figure 1 ).
Musgrave Managing Director Rob Waugh said: These results are potentially very significant as these are the first basement drill holes into what could represent a 7km stretch of a new mineralised shear corridor with no previous drilling. We have now intersected basement gold mineralisation in broad intervals over more than 3km of strike in this new shear corridor and the team is excited by the opportunity to continue to test this area. This new well mineralised gold corridor remains largely undrilled in bedrock and can host significant widths of high-grade gold mineralisation. Drilling is ongoing with further assay results expected in coming weeks from White Heat and
Musgrave Minerals Ltd s (ASX:MGV) (FRA:6MU) Rob Waugh talks Proactive s Andrew Scott through further strong gold results of up to 3 metres at 26.4 g/t.
Musgrave Minerals Ltd (ASX:MGV) Outstanding High-Grade Gold at White Heat, Cue
Outstanding High-Grade Gold at White Heat, CuePerth, Feb 24, 2021 AEST (ABN Newswire) - Musgrave Minerals Ltd (
FRA:6MU) is pleased to report further high-grade reverse circulation ( RC ) gold assay results from the newly discovered White Heat prospect, 300m south of Break of Day at its 100% owned ground at its flagship Cue Gold Project in Western Australia s Murchison district (Figure 1 ).
Musgrave Managing Director Rob Waugh said: This is another great set of results from the White Heat discovery which shows a steep westerly plunge to the high-grade shoot. The proximity to Break of Day would provide strong synergies for potential future development. Drilling is ongoing with two rigs on site and further assay results expected in coming weeks from White Heat and other regional targets .
Musgrave Minerals Ltd (ASX:MGV) RIU Explorers Conference - Company Presentation
- Systematically test targets, make new discoveries & grow the gold resource base
- Commence PFS at Break of Day/Lena to define a clear path to production
- Mining Proposal approval
- Basement drill testing of Lake Austin gold targets under EVN JV with the aim of defining a large economic gold system
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About Musgrave Minerals Ltd
Musgrave Minerals Ltd (ASX:MGV) is an active Australian gold and base metals explorer. The Cue Project in the Murchison region of Western Australia is an advanced gold and copper project. Musgrave has had significant exploration success at Cue with the ongoing focus on increasing the gold and copper resources through discovery and extensional drilling to underpin studies that will demonstrate a viable path to development in the near term. Musgrave also holds a large exploration tenement package in the Ni-Cu-Co prospectiv