- Musgrave Minerals (MGV) has received further strong assay results from its Cue Gold Project in Western Australia
- In late 2020, 445 aircore holes were drilled over 25 targets to identify the potential for near-surface, high-grade gold mineralisation
- Follow-up drilling at Target 5 both confirmed and extended the gold anomalism along strike to over 120 metres
- Of the results received, grades have peaked at 10.62g/t gold
- Anomalous gold was also identified at five other targets and further aircore drilling will begin in February to define the extents of the mineralisation
- Musgrave is up 2.67 per cent on the market and shares are trading at 38.5 cents
