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  • Musgrave Minerals (MGV) has confirmed high-grade gold assay results from reverse circulation (RC) drilling at the Starlight link-lode
  • Starlight is located at the Break of Day deposit, within the Cue Gold Project in Western Australia
  • The company recently completed a one-metre resampling program to confirm the gold assay results
  • Further drilling at Starlight is expected to start in early May
  • Musgrave is up 13 per cent on the market today, trading for 13¢ per share

Musgrave Minerals (MGV) has confirmed high-grade gold assay results from reverse circulation (RC) drilling at Starlight link-lode.

Starlight is located at the Break of Day deposit, within the Cue Gold Project in Western Australia.

The company recently completed a one-metre resampling program to confirm the gold assay results.

The drilling focused on testing the new high-grade link-lode, where the mineralisation has been intersected over a strike length of more than 100 metres.

“These results confirm the multiple high-grade gold lodes at Starlight and in many cases improve the grades from the composite sampling,” 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.

The completed RC drilling included 13 holes for 2490 metres and results were reported earlier this year.

Further drilling at Starlight is scheduled to commence early in May.

Musgrave is up 13 per cent on the market this morning, trading for 13¢ per share at 2:26 pm AEST.

MGV by the numbers
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