Musgrave Minerals Ltd (ASX: MGV) has returned further high- grade gold results from reverse circulation (RC) drilling at the 100% owned Break of Day deposit on the company’s flagship Cue Gold Project in Western Australia’s Murchison district.
Musgrave Managing Director Rob Waugh said the current round of drilling was focussed on testing the new high-grade link-lode at Break of Day and has returned very high-grade gold results in the first drill holes.
“This is a fantastic result and confirms the discovery of the high-grade link-lode at Break of Day,” MrWaugh said.
“It also extends the Twilight lode and with further drilling we are confident we can significantly grow the high-grade Break of Day resource.
“This discovery also verifies a new target model for future drilling to test for additional discoveries in the region.
“We have yet to define the limits of this new link-lode and there are opportunities to find others in the Break of Day-Lena area.”
This RC drill programme at Break of Day consisted of 13 holes for 2,490m. To date assays have only been received for the first five holes.
First follow-up RC drill hole confirms the position of the high-grade link-lode at Break of Day intersecting 6m @ 51.7g/t Au from 228m down hole.
Drilling through the Twilight Lode in previously untested positions, and outside the existing resource, intersected 6m @ 81.7g/t Au from 72m down hole; 2m @ 7.8g/t Au from 61m), and 18m @ 3.0g/t Au from 18m.
Mr Waugh said additional follow-up RC and diamond drilling of the new link-lode at Break of Day is currently being planned and will commence in April.
A resource update incorporating the new link-lode at Break of Day will be scheduled for early Q3 following further drilling.