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    gold investing

    Musgrave Minerals Starts Drilling at Lake Austin North, Cue Project

    Written by Priscila Barrera
    |
    Nov. 18, 2019 03:10PM PST

    Musgrave Minerals has started drilling at the company’s flagship Cue project in Western Australia’s Murchison district.

    Musgrave Minerals (ASX:MGV) announced that drilling has commenced as part of the recently signed Evolution Mining Earn-in and Exploration Joint Venture at the company’s flagship Cue project in Western Australia’s Murchison district.

    As quoted in the press release:

    Musgrave Managing Director Rob Waugh said: “It’s a great result to be drilling these new targets at Lake Austin North so soon after signing the joint venture with Evolution. Evolution has a strong commitment to the project which is illustrated by an initial JV budget of $2 million for the remainder of the 2019-20 financial year. The rapid progress to this point is a strong endorsement of Evolution’s commitment to the project and to making new discoveries.”

    Click here for the full text release

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