MGV 2.74% 35.5¢ musgrave minerals limited

Break of Day The Break of Day prospect is part of the Moyagee...

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    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.

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    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
 
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