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Musgrave Minerals Ltd. (ASX: MGV) Managing Director Robert Waugh proactively informs investors of new high-grade drilling results for the Lake Austin North System as part of its Cue Gold Project in WA.
An intersection of 5 meters at 14.8 g / t gold was encountered in a wider baday of 38 meters at 2.08 g / t at 111 meters, which also included a one meter interception at 136 meters at 65.4 g / t.
Waugh says this is another excellent result that highlights the potential of the systems and reinforces society's positive view that a large-scale gold system is hidden beneath the salt lake.
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