$69 postpage LB

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.

Gold MTF non-AMP

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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