Another Stunning Near-Surface Gold Results at Starlight for Musgrave, Stock soars ~15%

July 06, 2020 12:33 PM AEST
Team Kalkine

Australian gold exploration company, Musgrave Minerals (ASX: MGV) witnessed exciting near-surface gold results for further eight reverse circulation (RC) drill holes from the current program carried at the new Starlight link lode at Break of Day.

Following the significant update, MGV stock edged up by 14.6% on 6 July 2020 (11:57 AM AEST).

The results, including 85m @ 11.6g/t near-surface gold intersection, confirm and extend the high-grade, near-surface gold mineralisation where it remains open to the southeast.

The ongoing RC drilling would underpin a JORC resource update planned in late Q3 2020. Diamond drilling to test the Starlight’s depth extension below 200 vertical metres is underway.

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