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Musgrave Minerals Ltd s (ASX:MGV) (OTCMKTS:MGVMF) Rob Waugh tells Proactive aircore drilling has further extended the regolith gold anomalism at its. ....
FRA:6MU) is an Australian resources company focused on gold exploration and development at the Cue Project in the Murchison Province of Western Australia (Figures 1 and 2 ). At the Cue Project, the total project gold resources (Indicated and Inferred) have increased to 6.59Mt @ 3.2g/t Au for 659koz Au following a Mineral Resource update for the Break of Day deposit announced in November 2020 that included the new Starlight discovery (see MGV ASX announcement 11 November 2020, Break of Day High-Grade Mineral Resource Estimate ). Prefeasibility level studies have commenced at Break of Day and Lena. ....
Musgrave Minerals Ltd (ASX:MGV) New High-Grade Gold Results at Target 14, Cue
New High-Grade Gold Results at Target 14, CuePerth, April 21, 2021 AEST (ABN Newswire) - Musgrave Minerals Ltd ( FRA:6MU) is pleased to report further strong assay results from regional aircore drilling at Target 14 within the new gold corridor west of Lena on its 100% owned ground at its flagship Cue Gold Project in Western Australia s Murchison district (Figure 1 ). Aircore drilling continues to define strong high-grade regolith mineralisation at Target 14 along with broad lower grade mineralisation suggesting a significant basement source. The gold mineralisation at Target 14 occurs under a thin layer of transported cover, extends for more than 3km of strike and remains open. ....
Musgrave Minerals pockets more high-grade gold at Cue with Target 14 returning up to 12 metres at 8.7 g/t Aircore drilling continues to define strong high-grade regolith mineralisation at Target 14 along with broad lower grade mineralisation suggesting a major basement source. The company plans to begin an RC drilling program in the coming weeks. Musgrave Minerals Ltd (ASX:MGV) (OTCMKTS:MGVMF) (FRA:6MU) has received further strong results at its flagship Cue Gold Project in Western Australia with regional aircore drilling at Target 14 within the new gold corridor west of Lena returning up to 12 metres at 8.7 g/t from 66 metres. The high-grade portion of Target 14, 900 metres west of Lena, has now been identified over an area of around 200 metres with anomalous gold extending for more than 3 kilometres ....
Musgrave Minerals Ltd (ASX:MGV) Half Year Accounts
FRA:6MU) is an active Australian gold explorer. The Cue Project in the Murchison region of Western Australia is the Company s focus and hosts significant gold and copper mineralisation including the high-grade Break of Day and Lena resources. Musgrave has had significant exploration success at Cue with gold discoveries at Break of Day, Starlight, White Light and Lake Austin North which have led to resource growth. The Company s ongoing focus is increasing the gold resources through discovery and extensional drilling to underpin studies that will demonstrate a viable path to near term development. ....