MGV 0.00% 39.0¢ musgrave minerals limited

Ann: High Grade Gold at Break of Day-MGV.AX, page-6

  1. 12,484 Posts.
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    Moderately narrow fault displaced vertical vein with around 500m strike. Think they've counted a 20,000oz resource at Break of Day on historical drilling. The nugget effect announced today adds hope. But I would be more concerned with repeating today's tenor along strike compared to a 50m depth extension down dip an already known purple patch (as per this hole). Just looking at the plan with some historical numbers, the strike extent numbers seem nothing special. So some breakthrough needed there for a punt, IMO. Albeit market cap is low.

    GL
 
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