Inactive Instrument

Musgrave Minerals

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MGV

AU000000MGV1

Musgrave Minerals welcomes high-grade gold at Leviticus

May 23, 2023 at 04:41 pm

(via NewsDirect)

Musgrave Minerals Ltd (ASX:MGV, OTC:MGVMF) MD Rob Waugh tells Proactive the company’s flagship Cue Gold Project has fielded assays highlighting high-grade mineralisation within and outside the Leviticus deposit during reverse circulation drilling. The deposit has a total inferred resource of 42,000 tonnes at 6.0 g/t gold for 8,000 ounces and this is expected to grow. The company drilled 46 RC holes for 2,799 metres at Leviticus during the drill program – a combination of infill and extensional drilling.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

Latest news about Musgrave Minerals

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Company Profile

Musgrave Minerals Limited is an Australia-based gold explorer and developer. The Company is focused on its Cue Project in the Murchison Province of Western Australia and has additional projects in the Mt Magnet region of Western Australia (WA) and the Musgrave region of South Australia. The Company holds a 100% interest in the Cue Project. The Cue Project consists of the Moyagee Gold southern area and Hollandaire Copper northern area in Western Australia. The Mt Magnet South Project comprises a group of 19 semi-contiguous prospecting and exploration licenses covering an area of approximately 294 square kilometers (km2). The Company holds 100% of the Mt Magnet South Project, which is located within trucking distance of the Company's Cue Gold Project in Western Australia's Murchison goldfields and approximately five km south of the township of Mt Magnet. It holds various tenement applications in the South Australian Musgrave Province.

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