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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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