Starlight shines for Musgrave

摘要

Musgrave Minerals Ltd is the latest Australian explorer to set the market alight with a string of impressive gold hits from its Cue project in Western Australia's Murchison district. Across the first two weeks of June, Musgrave's stock tripled in value to an all-time high of 46.5c/share. The first surge came after the company reported an initial intercept of 12m @ 112.9 g/t gold from 36m (including 6m @ 143 g/t from 42m) from RC drilling at the Starlight link-lode, just outside the existing Break of Day resource at Cue.