Musgrave Minerals Ltd (ASX: MGV) has received further high-grade assay results from diamond and aircore drilling programmes on the Cue Joint Venture with Evolution Mining Ltd in Western Australia’s Murchison district.
Diamond drilling continues to intersect potential ore grade intersections within a dolerite basement host unit at the West Island Prospect.
The West Island zone is part of a broad regional 7km-long anomalous gold corridor within the joint venture.
At a regional scale, aircore drilling is continuing to identify further extensions to the favourable host dolerite stratigraphy with the majority of aircore assays still pending.
This is another strong set of results and highlights the high-grade tenor of the gold systems at West Island,” Managing Director, Rob Waugh, said.
“The drilling confirms the presence of multiple basement gold lodes and ongoing drilling is aimed at defining the grade and continuity of individual lodes within the host dolerite sill. To complement these results aircore drilling continues to identify new untested areas of gold anomalism below the cover sequence along strike from known mineralisation.”
Significant recent results include:
Evolution has drilled 13 diamond holes for 6,100m since electing to manage the joint venture in January 2022. Results of diamond drilling continue to identify multiple new lodes within the favourable dolerite host unit at West Island. Diamond drilling will progress through the September quarter to delineate the potential scale of the mineral system at West Island.