Break of Day
The Break of Day prospect is part of the Moyagee Project and hosts a combined JORC (2012) and JORC (2004) compliant Mineral Resource of 1.93Mt @ 2.0g/t Au for 126,900oz contained gold within four separate deposits; Lena, Leviticus, Numbers and Break of Day.
Purple Rain
Subsequent to the end of the quarter Musgrave identified a new untested gold target named Purple Rain only 2km south-west of the Break of Day high grade gold prospect
The gold mineralisation is in an area of thin alluvial cover (3 to 6 metres) making surface geochemistry ineffective, and is open for a strike extent of up to 800m
Follow-up drilling is planned for early August pending administrative approvals
MGV- FA post SPP, page-12
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