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Musgrave Minerals back out drilling at Starlight following $6 million fundraise

Musgrave Minerals Ltd's (ASX:MGV) Rob Waugh tells Proactive they've resumed RC drilling at the high-grade Starlight gold discovery at Break of Day within the flagship Cue Gold Project in Western Australia.

Last week they raised $6 million before costs through a well-supported placement to corporate, institutional, professional and sophisticated investors, which will fund some of the drilling.

Quick facts: Musgrave Minerals Ltd

Price: 0.235 AUD

ASX:MGV
Market: ASX
Market Cap: $108.83 m
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Musgrave Minerals reports back on 'fantastic hits' from drilling at new...

  Musgrave Minerals Ltd's (ASX:MGV) Rob Waugh speaks to Proactive's Andrew Scott after announcing they've hit 12 metres at 112.9 g/t gold near-surface in reverse circulation (RC) drilling at the Starlight discovery within the flagship Cue Gold Project in Western Australia. ''We've got a...

1 day, 13 hours ago

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