Musgrave Minerals releases 3D interactive model for Cue ahead of PFS
Proactive Investors
Published Mar 24, 2023 11:19
Updated Mar 24, 2023 12:30
Musgrave Minerals releases 3D interactive model for Cue ahead of PFS
Musgrave Minerals Ltd (ASX:MGV, OTC:MGVMF) has released its first 3D interactive geoscientific model of the flagship Cue Gold Project, which is now available to view on the company’s website.
The release comes ahead of MGV’s highly anticipated Stage 1 Prefeasibility Study (S1 PFS) for Cue which is near completion, with release now expected in just a few weeks in April.
3D model to highlight PFS
Hosted using the VRIFY Technology Platform, Musgrave’s 3D model includes details of the Cue Gold Project location, topography, and resource block models. It also highlights exploration activities such as drilling, surface geochemistry, geophysical surveys and models of Musgrave’s gold deposits displayed in an intuitive 3D interface.
Schematic image of 3D interactive model for Cue Gold Project. The model is available for viewing on the company’s website.
Notably, Stage 1 PFS designs and planned infrastructure layout will be uploaded to the model as they become available.
In the interests of accurately reflecting the current inflationary market conditions and due to an industry wide shortage of key technical personnel and premium consultants, the release of the S1 PFS at the end of Q1 2023 was delayed by a few weeks.
Musgrave wants to ensure it has its costings correct and will release the PFS on April 2023.
The company continues to hit its milestone, having last month identified a potential new high-grade lode some 50 metres north of the Break of Day prospect of Cue, with a single drill hole targeting the new zone returning 14 metres at 2.8g/t gold from 50 metres, including 4 metres at 8.2 g/t gold.
Read: Musgrave Minerals identifies new high-grade lode along Cue Gold Project’s Break of Day Corridor
Read more on Proactive Investors AU
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