Musgrave Minerals Ltd (ASX:MGV, OTC:MGVMF) MD Rob Waugh speaks with Proactive soon after reporting assay results from a grade control drilling program at Starlight Lode in the Break of Day trend within the Cue Gold Project. The results of up to 1-metre at 780.7 g/t gold from 29 metres and 3 metres at 676 g/t from 31 metres have further confirmed the deposit's high-grade potential. Break of Day trend, which includes the Break of Day and White Heat deposits, boasts a total mineral resource estimate of 982,000 tonnes with an average grade of 10.4 g/t, amounting to 327,000 ounces of gold. A significant portion of this resource, 70%, falls into the higher confidence ‘indicated’ category.
Musgrave Minerals boosts confidence in Break of Day with new gold results