EXPLORATION & DEVELOPMENT

Lena, Australia: 1m grading 83g/t Au from 62m depth (17MORC079)

The market barely reacted to Musgrave Minerals’ (AU:MGV) latest high-grade drilling results from the Cue project in Western Australia, where the company is earning up to 80% of the asset under a farm-in with producer Silver Lake Resources (AU:SLR).

Musgrave Minerals’ Lena prospect (scale adjusted for web)

Musgrave Minerals’ Lena prospect (scale adjusted for web)

The latest highlights included 13m at 9.7g/t Au, which contained the headline intersection; 2m at 12.4g/t Au from 3m depth – also at Lena; and 2m at 10.3g/t from the Break of Day prospect. Musgrave has...

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