Musgrave Minerals Limited (ASX:MGV)
Musgrave Minerals Limited is an Australia-based resources company. The Company is focused on gold exploration and development at the Cue Project in the Murchison Province of Western Australia. The Cue Project consists of the Moyagee Gold and Hollandaire Copper Projects. The Hollandaire and Hollandaire West deposits are tabular stratabound volcanic-hosted massive sulphide deposits (VMS). The mineralization forms a moderate dipping zone of sulphide mineralization averaging over 10 meters thick that plunges to the south-west. The copper mineralization is located approximately 50 meters from the surface and drilling to date indicates it is open to the south-west and at depth. The Musgrave Province is the under-explored frontier in Australia in terms of mineral exploration and is prospective for a number of commodities.