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Musgrave Minerals Ltd hits further 'bonanza' gold grades near-surface at Starlight discovery

Musgrave Minerals Ltd's (ASX:MGV) Rob Waugh caught up with Proactive's Andrew Scott after reporting that they've hit near-surface gold grades of up to 18 metres at 179.4 g/t in drilling at the Starlight discovery at Break of Day within its Cue Gold Project in Western Australia’s Murchison district.

Shares have been as much as 54% higher to 37 cents, a new record for the company.

Quick facts: Musgrave Minerals Ltd

Price: 0.55 AUD

ASX:MGV
Market: ASX
Market Cap: $258.77 m
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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 week, 3 days ago

2 min read