Musgrave hits 54.4g/t Au over 6m at Starlight

Drilling Highlights:

  • The new gold lode named “White Light” is parallel to the Starlight lode and approximately 75m to the south
  • RC drill intercepts from the new White Light lode include:
    • 6m @ 54.4g/t Au from 211m (20MORC050)
    • 6m @ 5.4g/t Au from 111m (20MORC048)
    • 9m @ 5.1g/t Au from 21m (20MORC004)
  • Further assays received from recent RC drilling at Starlight include:
    • 6m @ 35.8g/t Au from 131m (20MORC040)
    • 5m @ 7.2g/t Au from 230m (20MORC048)
  • Both the Starlight and White Light lodes remain open to the southeast and down dip where drilling is continuing
  • Assays for 1m individual samples have been received for previously reported intersections based on 6m composites and confirm the high-grade gold results at Starlight

Musgrave Minerals Ltd (ASX: MGV) reported assay results
for a further twelve reverse circulation (“RC”) drill holes from the current program at the new Starlight gold discovery at Break of Day. Drilling continues to confirm the Starlight discovery and has also identified a second high-grade lode 75m to the south and striking parallel to Starlight.

This new lode named “White Light” has been confirmed from RC drilling with new intercepts aligning with a number of historical isolated gold intersections over a strike extent of more than 100m. Both lodes remain open to the south-east and down dip where drilling is continuing. All these intercepts at Starlight and White Light are outside the existing Break of Day resource.

The Starlight and White Light lodes at Break of Day are located on the Company’s 100% owned ground at its flagship Cue Gold Project in Western Australia’s Murchison district (Figure 1).

Drilling at both lodes is continuing, with a focus on infilling and extending the high-grade gold mineralisation.
Drilling will also continue to test for new lodes within the Break of Day and Lena system.
Musgrave Managing Director Rob Waugh said “This is another positive result for the Company as we build the high-grade gold resource base at Cue. Drilling is continuing and we are confident we can extend the lodes and make new discoveries as our geological knowledge of the system grows.
We have extended our RC drill program following the new White Light discovery as we build towards a resource update late in Q3 2020.”

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