Musgrave Minerals Releases December Quarter Update

  • Feb 01, 2020 AEDT
  • Team Kalkine

Australian gold and base metal exploration company Musgrave Minerals Ltd (ASX: MGV) has released its December quarter update wherein reported substantial progress made in relation to the development of its Cue Project in the Murchison Province of Western Australia. Over the period, the company has made new gold discoveries and has extended the existing resources to grow its gold inventory.

At the end of December 2019, the company had $4.1 million in cash. MGV believes that it is well funded to undertake exploration activities as part of the upcoming field season.

 

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