MGV 0.00% 39.0¢ musgrave minerals limited

Ann: Starlight Gold Mineralisation Extended, page-201

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  1. 6,671 Posts.
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    Last announcement on 19 August (3 weeks ago from tomorrow) said:-

    "To date a total of 66 RC holes have been completed at Starlight and White Light with assay results
    received for 60 holes. A further 21 short RC holes have been completed to further test the near surface Twilight and Velvet
    lodes at Break of Day. Assays are pending.Nine deep diamond drill hole tails and four infill diamond holes
    have been completed to date with assays received for eight holes. All new assay results are shown in Table 1a with further
    assays expected within three weeks."

    "Evolution JV
    • The Phase 2 aircore drilling program testing high-priority gold targets on Lake Austin has
    commenced with approximately 3,000m completed of a planned 21,000m program. "

    "The current resource estimate for the Cue Gold Project totals 6.45Mt @ 3.0g/t Au for 613koz
    including the Break of Day deposit (868Kt @ 7.2g/t Au for 199koz contained gold) and the Lena
    deposit (4.3Mt @ 2.3g/t Au for 325koz contained gold) located 130m to the west. This current resource estimate does not include any results from the new Starlight and White Light gold discoveries. The updated resource estimate incorporating these results is scheduled for late Q3
    2020."



 
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