logo-loader
viewMusgrave Minerals Ltd

Musgrave Minerals begins drilling at newly acquired Mainland Prospect

Musgrave Minerals (ASX:MGV) managing direct Robert Waugh updates Proactive Investors on the initial drilling program which is underway at the Mainland Prospect within the company's Cue Gold Project in WA.

About 1,500 metres of reverse circulation drilling will be carried out to test three new high priority targets as well as high-grade basement mineralisation below a series of existing historical gold prospects.

“Mainland is an area we picked up earlier this year and it’s a really exciting prospect for us,” he says.

“We can see our resources growing in this area.”

Waugh notes that results should be released in about four weeks.

Quick facts: Musgrave Minerals Ltd

Price: 0.55 AUD

ASX:MGV
Market: ASX
Market Cap: $255.61 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 Ltd's Rob Waugh delighted after hitting 85 metres at 11.6...

Musgrave Minerals Ltd's (ASX:MGV) (FRA:6MU) Rob Waugh says drilling at the new Starlight discovery is going 'very well' following news they've hit 85 metres at 11.6 g/t. ''It's close to surface, the mineralisation is starting at about six vertical metres down''. ''It's exciting, we're...

1 day, 4 hours ago

2 min read