Musgrave Minerals (ASX: MGV) has confirmed high-grade gold at the Starlight lodes within the Break of Day deposit, which forms part of the company’s flagship Cue gold project in Western Australia’s Murchison region.
The gold was confirmed via 1m resampling of composite intervals at the project and revealed numerous high-grade results.
Notable assays from resampling were 3m at 118.4 grams per tonne gold from 72m, including 1m at 351.2g/t gold; 4m at 10.3g/t gold from 225m; and 55m at 2.8g/t gold from 97m, including 1m at 61.4g/t gold from 97m and 8m at 9.2g/t gold from 127m.
“These results confirm the multiple high-grade gold lodes at Starlight and in many cases improve the grades from the composite sampling,” Musgrave managing director Rob Waugh said.
“Any upside resource growth at Starlight has the potential to significantly impact the future development economics of the Cue gold project,” he added.
Today’s assays follow previously reported results from Starlight such as 45m at 11.8g/t gold from 144m; 6m at 55.8g/t gold from 108m; and 42m at 5.6g/t gold from 146m, including 5m at 32.2g/t gold from 165m.
Meanwhile, drilling has extended the Twilight lode a further 100m south of the existing Break of Day resource.
Better results at Twilight were 3m at 118.4g/t gold from 72m, including 1m at 351.2g/t gold from 73m; and 17m at 3.7g/t gold from 19m, including 9m at 5.1g/t gold from 21m.
Advancing Cue gold project
Global resources at the flagship Cue project total 6.45Mt at 3g/t gold for 613,000oz of contained gold.
The resource includes the Break of Day estimate which stands at 868,000t at 7.2g/t gold for 199,000oz.
Musgrave noted that all intersections from Starlight sit outside the current resource.
To advance the Starlight target further, Musgrave is planning a follow-up reverse circulation for early next month.
This campaign will be completed in conjunction with a diamond drilling program with a resource update scheduled for late in the September quarter.