Musgrave Minerals gains new substantial shareholder
2020-02-10 16:52:00
Musgrave recently started aircore drilling at the Lake Austin JV within the company’s flagship Cue Gold Project.
The drilling is part of an $18 million earn-in joint venture with Evolution Mining
Musgrave Minerals Ltd (ASX:MGV) has attracted a new substantial shareholder in Westminex Group with a 5.07% stake
This status was reached on February 6, 2020.
Lake Austin JV drillingMusgrave recently started aircore drilling at the Lake Austin JV within the company’s flagship Cue Gold Project in Western Australia’s Murchison district.
The drilling is part of an $18 million earn-in joint venture with Evolution Mining Ltd (ASX:EVN) to accelerate exploration over the Lake Austin portion of Cue project.
This new, regional aircore drilling program will test four large target areas and consist of over 20,000 metres and 200 drill holes.