logo-loader
Musgrave Minerals Ltd

Musgrave Minerals’ high-grade gold result supports potential of large-scale system

Musgrave Minerals Ltd (ASX: MGV) managing director Robert Waugh updates Proactive Investors on the company’s new high-grade drilling results from the Lake Austin North system within its Cue Gold Project in WA.
 
An intersection of 5 metres at 14.8 g/t gold was encountered within a broader assay of 38 metres at 2.08 g/t from 111 metres, which also included a 1-metre intercept from 136 metres at 65.4 g/t.
 
Waugh says that it’s another excellent result which highlights the systems potential and supports the company’s positive view that a large-scale gold system is hidden below the salt lake. 

Quick facts: Musgrave Minerals Ltd

Price: $0.08

Market: ASX
Market Cap: $29.4 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Musgrave Minerals Ltd named herein, including the promotion by the Company of Musgrave Minerals Ltd in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Musgrave Minerals intersects high-grade gold at Lena and Mainland Prospects

Musgrave Minerals Ltd (ASX:MGV) managing director Rob Waugh updates Proactive Investors on high-grade gold intersected from drilling at the company’s flagship Cue Gold Project in Western Australia.   Both results are below the current JORC resource and highlight the potential to extend...

5 days, 2 hours ago

2 min read