MGV 2.74% 35.5¢ musgrave minerals limited

Ann: Resource Estimate Exceeds 350koz Gold, page-10

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  1. 11,185 Posts.
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    Thanks @estate09

    I like that long section. Is that an old SLR image? Haven't we also recently drilled the BOD South prospect, which sits 1.4km south of BOD (between BOD and Leviticus.... not highlighted on your section). Can't remember what recent drilling returned but my records show historic SLR results including [email protected]/t from 106m and 8m @1.8g/t from 45m at BOD South. I've put your geological image into another video which gives a broader regional view (going south to Mount Magnet as well). Somehow I get the feeling if they spend the money wisely we could get to 500koz and possibly between 500koz and 1Moz with another discovery or expansion of an existing prospects. Time to start tramming the RC drill around the other prospects for a better look around. Esh

    P.S. I just check and the drilling in Dec last year intersected 4m at 3.5g/t gold from 72m down hole at Break of Day South and 4 metres at 4 grams per tonne gold from 103m down hole, including 1m at 10.2g/t gold from 103m down hole at Leviticus.

    Only two RC holes drilled that time around (one at BOD South and one at Leviticus). The company said in Dec drilling at both these prospects is sparse and each has the potential to host high grade sub-vertical gold lodes similar to those at BOD.

    http://www.asx.com.au/asxpdf/20161206/pdf/43dhr2h9285rd8.pdf

 
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