Duyuru • Sep 05
Musgrave Minerals Limited Announces Executive Changes Musgrave Minerals Limited announced resignations of Kelly Ross - Non-Executive Director; John Percival - Non-Executive Director; Brett Lambert - Non-Executive Director. The company welcome the following Directors and joint Company Secretary to the Board: Mark Zeptner - Non-Executive Director BEng (Hons) Mining, MAusIMM, MAICD Mr. Zeptner is a mining engineer and is the Managing Director of Ramelius Resources Ltd. He was educated at the Western Australian School of Mines in Kalgoorlie and has more than 30 years' experience including senior operational and management positions with WMC and Gold Fields Limited at their gold and nickel assets in Australia and offshore. He joined Ramelius as Chief Operating Officer in March 2012, took up the reins as Chief Executive Officer in June 2014 and was appointed Managing Director in July 2015. Tim Manners - Non-Executive Director BBus (Accounting), FCA, AGIA, MAICD. Mr. Manners is a finance professional with over 25 years' experience in accounting, corporate finance and financial management functions in the resources industry. Mr. Manners has been involved in exploration, developing and producing companies both in Australia and overseas. Mr. Manners has held the senior financial positions in companies within the precious, base and bulk commodities sectors, including Gold Road Resources Ltd, Phoenix Gold Ltd, Bathurst Resources Ltd. and Perilya Ltd. Mr. Manners joined Ramelius Resources Limited in July 2017 and is a Fellow of the Institute of Chartered Accountants in Australia and New Zealand. Alan Thom - Non-Executive Director BEng(Hons)(Mining), GDipAppFin, GradDipBus, MAusIMM, FFin, GAICD. Alan is a mining engineer with over 25 years of experience as a mining engineer, senior manager, executive and director of resource projects from concept through to bankable feasibility, development and operation. He has extensive experience as a director of resource companies on both the ASX and AIM exchanges gaining valuable experience in acquisitions, operations, business development and financing. Alan holds a Bachelor of Engineering (Hons)(Mining) from the WA School of Mines, a WA First Class Mine Mangers Certificate and additional postgraduate qualifications in Finance and Business. He is also a Member of AusIMM and a Fellow of FINSIA and is a Graduate of the AICD. Richard Jones - Joint Company Secretary LLB, FINSIA (Grad Dip), BA (Hons) Pol Sci/Econs Mr. Jones joined Ramelius in October 2018. He has more than 20 years' experience as a corporate commercial lawyer in both private and in-house capacities and across various industries. He has also served as company secretary for ASX listed and unlisted companies in the mining sector. Duyuru • Aug 31
Musgrave Minerals Limited, Annual General Meeting, Nov 16, 2023 Musgrave Minerals Limited, Annual General Meeting, Nov 16, 2023, at 11:00 W. Australia Standard Time. Duyuru • Jun 06
Westgold Resources Limited (ASX:WGX) agreed to acquire Musgrave Minerals Limited (ASX:MGV)for approximately AUD 180 mullion. Westgold Resources Limited (ASX:WGX) agreed to acquire Musgrave Minerals Limited (ASX:MGV) for approximately AUD 180 mullion on June 1, 2023. As per the transaction, Westgold Resources Limited will acquire all the shares of Musgrave Minerals Limited. Musgrave shareholders to receive 1 new fully paid Westgold ordinary share for every 5.37 Musgrave shares held. Argonaut PCF Limited acted as financial advisor and DLA Piper Australia Pty Ltd acted as legal advisor to Westgold Resources Limited. Longreach Capital Pty. Ltd. acted as financial advisor and Thomson Geer acted as legal advisor to Musgrave Minerals Limited. Duyuru • Feb 14
Musgrave Minerals Limited Announces Amarillo and Big Sky Drilling Results Cue Gold Project in Western Australia's Murchison District Musgrave Minerals Limited reported further assay results from reverse circulation ("RC") drilling across multiple prospects, on its 100% owned ground at its Cue Gold Project in Western Australia's Murchison district. These assay results are from drilling completed in December 2022 at Amarillo, Big Sky, Big Sky North and East Numbers. Additional follow-up drilling is currently being planned at these prospects. RC drilling assays for holes atWaratah and the new Break of Day North targets are expected within two weeks. Amarillo Prospect: At Amarillo, 1.2km south-west of Break of Day and 800m north of Big Sky, infill RC drilling has continued to intersect regolith gold mineralisation with new intersections including: 8m @ 4.6g/t Au from 34m (22MORC371), including: 1m @ 21.5g/t Au from 35m; 6m @ 3.4g/t Au from 48m (22MORC363), and 5m @ 3.0g/t Au from 57m (22MORC363); 4m @ 1.6g/t Au from 25m (22MORC373); 4m @ 2.2g/t Au from 29m (22MORC379); and 10m @ 2.8g/t Au from 38m (22MORC388). The results will be incorporated into the 3D resource model to determine the strike and true width of the mineralisation. These results are part of aresource definition drill program focused on delivering a maiden Mineral Resource for Amarillo in the second half of 2023. Big Sky Deposit: Further infill drilling at Big Sky, 2km south-west of Lena-Break of Day on MGV's 100% ground continues to intersect significant gold mineralisation below thin transported hardpan cover (~1-6m thick). The Cue Project hosts a total Mineral Resource Estimate of 12.3kt @ 2.3g/t Au for 927koz contained gold with 47% of this in the higher confidence Indicated Resource category. The Big Sky deposit is a subset of this resource and hosts 4.65Mt @ 1.2g/t Au for 173koz contained gold and is currently only modelled to a maximum depth of 150m where it remains open. This recent drilling (9 holes for 564m) continues to confirm and enhance the near-surface gold endowment along the Big Sky trend. Significant new RC drill hole assay results inside the current Mineral Resource Estimate boundary include; 5m @ 3.3g/t Au from 7m (22MORC395). 38m @ 1.2g/t Au from 50m (22MORC397), including: 1m @ 17.4g/t Au from 50m (22MORC397), and 8m @ 1.3g/t Au from 80m (22MORC397); 6m @ 2.9g/t Au from 18m (22MORC400) (composite sample). These intersections highlight the upside potential at Big Sky and will likely enable further resourceconversion (Inferred to Indicated) at the next resource update scheduled for second half of current year 2023. This has the capacity to further enhance the resource and future pit designs. It should be noted that there are now a significant number of drill intersections located outside the optimised pit design which is based on the May 2022 Mineral Resource. These intersections will not be included in the Stage 1 PFS scheduled for late March 2023. Big Sky North: Approximately 140m north of the Big Sky deposit RC follow-up drilling of an isolated aircore intercept intersected: 2m @ 3.3g/t Au from 34m (22MORC361). East Numbers Target: A reconnaissance RC drilling program was completed over a new target area east of the Numbersdeposit (Figure 1) where aircore drilling has identified a 1.3km long gold anomaly in Archaean regolith. First basement drilling in the area included six RC holes for 786m drilled on three 400m spaced traverse lines. Early stage basement gold intersections include: 1m @ 5.0g/t Au from 136m (22MORC390); 2m @ 2.9g/t Au from 84m (22MORC392); and 1m @ 5.7g/t Au from 121m (22MORC394). A single diamond drill hole was completed in late 2022 to better define the geological context and strike of the mineralisation. Cue Gold Project: The Cue Gold Project is located approximately 30km south of the township of Cue in the Murchison district of Western Australia. The southern area gold deposits are only 5km from the Great NorthernHighway, approximately 600km north of Perth on tenure wholly owned by Musgrave. The current Mineral Resource Estimate for the Cue Gold Project totals 12.3Mt @ 2.3g/t Au for 927koz including the Break of Day High-Grade Trend (982kt @ 10.4g/t Au for 327koz contained gold) and theMoyagee Western Trend (9.8Mt @ 1.7g/t Au for 541koz contained gold), both in the southern area of the project. The Company is working towards delivery of a Stage 1 Pre-feasibility Study (PFS) in first quarter of 2023 with focus on the technical and financial viability of the early years of the Cue Gold Project. The study will focus on the Project's current Indicated Mineral Resources whilst exploration and resource conversion drilling will continue. Ongoing Activities: Musgrave 100% tenements - RC drilling results for the Waratah and Break of Day North targets expected late-February. RC drilling of new and existing targets has recommenced with the aim of growing the current resource base. A regional aircore drilling program will commence in late February on new target areas at Cue. Works to inform the Stage 1 Pre-feasibility Study for the Cue Gold Project are continuing with final study expected late March 2023. Duyuru • Jan 24
Musgrave Minerals Limited Announces Further Gold Intersections, West Island Cue JV Musgrave Minerals Ltd. reported further assay results from diamond drilling on the Cue Joint Venture with Evolution Mining Limited ("Evolution") in Western Australia's Murchison district. Diamond drilling completed by Evolution at the West Island prospect, approximately 6km north of Break of Day, continues to intersect strong gold intersections within a basement dolerite host unit. Diamond drilling continues to confirm that the geology and structure of the West Island prospect is characterised by multiple, stacked narrow high-grade intercepts within a broader lower grade envelope along the 1.6km mineralised trend. Evolution drilled a further 9 diamond holes for 4,091m on the Cue JV of which six with assays received are reported in this release. The drilling program is targeting the key mineralised gold lodes to determine the scale of the mineral system at West Island. The mineralised lodes are interpreted as a series of stacked shears and veins, with associated high-grade splays. The significant new diamond drill core intercepts at West Island and the Estimated True Width (ETW) of the intersections are as follows: o 5.5m (3.8m ETW) @ 4.16g/t Au from 349.5m (22CUDD019A) o 11.5m (8.0m ETW) @ 8.71g/t Au from 235.5m (22CUDD021), including: o 1.0m (0.9m ETW) @ 66.0g/t Au from 238m and o 7.0m (4.9m ETW) @ 5.16g/t Au from 393m (22CUDD021) o 1.0m (0.9m ETW) @ 44.5g/t Au from 87m (22CUDD022), and o 5.0m (3.5m ETW) @ 4.82g/t Au from 124m (22CUDD022), and o 12.7m (8.9m ETW) @ 3.60g/t Au from 329m (22CUDD022). 
