MGV 0.00% 39.0¢ musgrave minerals limited

Ann: Starlight Gold Mineralisation Extended, page-117

  1. 4,748 Posts.
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    Two rotary core drills working on Starlight and abutting mineralized zones have completed their current assignment to define near surface and open pit resources for updated JORC that will IMHO comfortably exceed one million ounces of gold (including Lena/Break of Day).

    One diamond drill continues to seek vertical extension / extensions of mineralization to and below 350 meters. Great Fingall analogue extends mineralization to a depth of +2,000 meters. So potential exceeds +1- +2 million ounces of gold.

    One rotary core drill undertaking 10,000 meters of drilling on 18 targets / Starlight "look alikes"

    Another rotary core drill working on a large drill program within EVN JV.

    We are undervalued in terms of EV for coming high grade gold JORC AND we have 18 highly speculative opportunities PLUS high grade potential via JV drill program. Next buying wave will carry us to +$1.00, additional Starlight type discoveries put us into +$2.00 range. Good luck to all longs.


 
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