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. 

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Price: $0.08

Market: ASX
Market Cap: $29.4 m

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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