Recently listed Musgrave Minerals (ASX: MGV) has intersected significant near surface copper from the first round of drilling at the Moorilyanna Project in South Australia. A combination of rotary air blast (RAB) and aircore drilling has identified three strong copper anomalies and the Caprica East zone extends for more than 900 metres with a mineralised width of up to 80 metres. These early results include grades up to 12 metres at 0.2% copper from surface in weathered bedrock over a broad area. Musgrave would be encouraged by the significant copper results as they are located in an area of sparse subcrop, shallow sand cover, and are broad in nature. Musgrave has a huge exploration footprint in the Musgrave Province in South Australia, with tenements covering an area of aabout 50,000 square kilometres, which equates to approximately 5% of the State. Moorilyanna is situated on wholly owned tenements located about 40 kilometres west of the Stuart Highway and Adelaide to Darwin railway line, on the eastern edge of the Musgrave Geological Province. The drilling was undertaken on 10 broad spaced traverses in three main zones and a total of 142 holes were completed for 1,486 metres. The mineralisation at the Caprica East zone is open along strike to the north west, is associated with elevated silver and gold, and is interpreted to be hydrothermal in nature and structurally controlled. Rob Waugh, Musgrave Minerals managing director, said “we are eagerly looking forward to further defining the potential primary source of the copper and to undertake deeper drill testing of these targets.” The company is planning an induced polarisation (IP) geophysical survey to identify the potential source of the primary copper mineralisation for deeper drill testing. A reverse circulation (RC) drilling program will be undertaken to test these fresh rock targets for high grade copper mineralisation in September/October. Musgrave Minerals is also continuing its maiden nickel-copper diamond drilling program at Deering Hills. The program is testing nine strong nickel-copper sulphide targets identified from airborne and ground electromagnetic (EM) surveys. The company identified the targets during surveys conducted in late 2010 and early 2011, and plans to test the targets at a depth of between 60 and 160 metres. Musgrave Minerals recently completed a successful IPO raising $20 million and listed on the Australian Securities Exchange on 29 April 2011.

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