HomeFinTechMusgrave Minerals: Intersects gold at West Island

Musgrave Minerals: Intersects gold at West Island

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Musgrave Minerals Intersects gold at West Island

  • The diamond drilling campaign at Musgrave Minerals’ (MGV) West Island tenement in Western Australia has intersected high-grade gold
  • The West Island zone is part of a wider seven kilometre long anomalous gold corridor within MGV’s Cue joint venture with Evolution Mining
  • Best results included 4.26 metres at 41.5 grams per tonne (g/t) of gold from 160.74 metres including 0.41 metres at 400.2 g/t of gold from 160.74 metres
  • Evolution joined the project as an earn-in manager from January 1 for MGV’s 100 per cent owned tenement
  • Musgrave shares down 1.69 per cent, selling for 29 cents a share
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