New assay results continue to confirm the high-grade nature of Musgrave Minerals Ltd’s (ASX: MGV) new Starlight gold discovery at Break of Day in Western Australia.
The company has reported assay results for a further 10 reverse circulation (RC) drill holes and four diamond drill holes from the current programme including highlight intersections of 12m @19.5 g/t Aug from 3m.
Managing Director, Rob Waugh, said that importantly Starlight remains open down plunge where drilling is continuing.
These are further excellent drill results from Starlight which is showing great continuity in the top 200m,” Mr Waugh said.
“We are currently focusing on the depth extents at both Starlight and the new White Light discovery.
“The regional programme has also kicked off with the focus on making additional high-grade gold discoveries in the belt.”
The Starlight gold lode at Break of Day is located on the company’s 100% owned ground at its flagship Cue Gold Project in WA’s Murchison district. Drilling at Starlight is continuing, with a focus on infilling and also extending the high-grade gold mineralisation at depth.
An additional drill rig has arrived on site to test for new lodes within the Break of Day/Lena mineralised corridor on 100% owned Musgrave ground.
This programme will test 18 new targets derived from geophysical, geochemical and geological data and focus on the potential for high-grade gold mineralisation on structures cross-cutting stratigraphy similar to that seen at Starlight.
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.
The Starlight and White Light mineralised gold lodes lie proximal to the existing Break of Day resource within separate southeast-northwest parallel mineralised zones approximately 75m apart.
Significantly, all the intersections returned from Starlight and White Light sit outside the current resource estimate at Break of Day.
