The top gold drill result of the week came from Musgrave Minerals' (ASX: MGV) Cue project in Western Australia's Murchison province on June 13. Reverse-circulation hole 23MORC154 cut 15 metres of 60.3 grams gold per tonne starting from 14 metres for a grade x width value of 905. (True widths are estimated at 45-70% of apparent widths.) The resource conversion drilling, at the Break of Day deposit, returned multiple intercepts above the average resource grade of 10.2 grams gold from within the project's planned open pit. The Break of Day and White Heat deposits host a global resource of 982,000 tonnes grading 10.4 grams gold for 327,000 oz., with 70% of the total falling in the indicated category. Total resources at Cue stand at 12.3 million tonnes grading 2.3 grams gold for 927,000 oz.
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