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DRILL BITS Exploring together for success bostech.com.au

muSgraVe STill FiNdiNg more high-grade Emmerson is entitled to a free-carried 6% gold production
gold aT cue royalty from TCMG over all mines within the JV areas, including
Chariot.
Musgrave Minerals Ltd has identified four potential new lodes
The new resource for Chariot supports a conceptual high-grade
from regional drilling at its flagship Cue gold project in Western
17.7 g/t open pit and a 6.3 g/t underground operation.
Australia’s Murchison district.
Chariot was originally discovered by Normandy Mining in 1998
RC drilling of a new target only 80m south of White Heat
and mined by Giants Reef Mining from 2003 to 2005 before a
intersected two new parallel lodes, including a very high-grade
low gold price coupled with corporate and mining issues led to
shallow result of 15m @ 111.6 g/t gold from 25m (including 5m
its premature closure.
@ 313.4 g/t from 26m) in the new hanging-wall lode. Drilling also
According to Emmerson, the Chariot resource remains open
returned 18m @ 1 g/t gold from 62m in the new footwall lode.
and poorly explored at depth, offering significant scope to
Musgrave described the targets as analogues to its Starlight
increase the gold inventory with further drilling.
discovery, with all new lodes along strike from the Break of Day
deposit.
Drilling of another target about 250m north of Break of Day miramar cruiSiNg oN New lake SySTem
intersected 1m @ 16.5 g/t from 73m and 1m @ 14.4 g/t from
90m. Only the one hole has tested this interpreted new lode
position to date, with the mineralisation open to the east, west
and down-dip.
Musgrave managing director Rob Waugh said the high-grade
results supported the company’s view that “there is a lot more
gold to be found at Cue”.
“All of the new gold intersections reported in this release are
outside the current mineral resource estimates for Cue,” Waugh
said.
Extension resource drilling at the White Heat prospect, some Miramar has completed its first lake aircore drilling
300m south of Break of Day, also struck 1m @ 21.8 g/t from programme at Glandore
158m and 3m @ 3.5 g/t from 23m.
Follow-up drilling was under way at the time of print.
Lake aircore drilling at Miramar Resources Ltd’s Glandore
project in the Eastern Goldfields has outlined coherent shallow
emmerSoN iN The FaST laNe wiTh larger supergene gold anomalism over almost 5km of strike and
charioT across multiple targets.
The company’s first lake aircore drilling campaign follows on
Emmerson Resources Ltd has reported a 40% uplift in total
from its recent maiden land-based aircore drilling campaign
ounces for the Chariot gold deposit in Tennant Creek, Northern
which returned a number of significant high-grade results.
Territory.
Recent drilling targeted the southern and western margins of
Chariot now hosts 556,200t @ 7.8 g/t for 138,800oz and is
an interpreted granodiorite pluton which intrudes into a layered
one of several mines currently undergoing scoping studies by mafic sill. High-grade mineralisation up to 6m @ 29 g/t gold has
Emmerson’s JV partner Tennant Consolidated Mining Group
previously been intersected in shallow diamond drilling on the
(TCMG) ahead of finalising the mining and production schedule. eastern side of the granodiorite at the Glandore East target.

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