Articles On Musgrave Minerals (ASX:MGV)

Silver City Mineral’s has received preliminary soil results from 450 samples at the Shadow target at its Austin project in WA – and has identified four gold-in-soil anomalies that extend around 3km. And prospecting close to two of the anoma...

Results from Big Sky and Target 14 prospects have potential to push the 659,000-ounce resource at Cue towards 1 million ounces.

Wall Street falls again for fourth consecutive day All three major US stock market benchmarks fell on Friday for the fourth consecutive day. Equity investors are concerned about the rising Delta variant cases, and the impending Fed tapering...

Gold continues to consolidate around $US1,800/oz which, if we went back in time to July 2020, would be cause for celebration. Back then $US1,800/oz was an eight-year high and bullish sentiment was nudging even the shittiest exploration stoc...

Gold bugs would be breathing a sigh of relief this week as the price stabilises just shy of $US1,800/oz ($2,463/oz Aussie) thanks to Monday’s healthy 1.5% gain. While there are plenty of other red hot sectors attracting investor dollars rig...

A second rig has arrived at Silver City Minerals’ Austin gold project in WA’s Murchison region, a move which will ramp up the company’s exploration efforts. The rig will allow Silver City (ASX:SCI) to kick off a reverse circulation drilling...

The gold price itself had 12 months of consolidation. Now we are entering a new stage of a bull market which Barry Dawes of Martin Place Securities believes “will take it much, much higher”. In the big scheme of things, the pullback we have...

The resource estimate for the Cue Gold Project totals 6.45 million tonnes at 3 g/t for 613,000 ounces, including Break of Day deposit with 199,000 ounces and Lena deposit's 325,000 ounces.

The gold explorer uncovered as much as 303.2 g/t gold during its latest exploration campaign at the White Heat prospect, just 300 metres south of the 262,000-ounce Break of Day gold deposit.

The Musgrave Minerals Ltd (ASX: MGV) share price is soaring higher, up 12% in early afternoon trade. Below we take a look at the ASX gold miner’s latest drill results. What drill results did Musgrave report? The Musgrave Minerals share pri...

On Sunday, a chaotic ‘flash crash’ saw the gold price plummet into the $US1600s per ounce before staging a mild recovery. Experts mostly point to a better than expected jobs report out of the US for heavy selling that saw the traditional he...

“The continuity of the broad near-surface gold mineralisation intersected to date is very encouraging and demonstrates we are onto a large gold system at Big Sky with the potential to deliver a significant near-surface resource,” says MD.

As an uncorrelated asset – value not tied to larger fluctuations in the traditional markets — gold has had “its lunch cut a bit” by crypto, PCF Capital’s Liam Twigger says. “There is an article in the last Economist asking, ‘what happens if...

Silver City is wasting no time at its recently acquired Austin gold project in WA with the first diamond hole of its 1,000m program scheduled to be drilled today. Drilling will target the Brians, Brunswick Hill and Mt Sandy Prospects where...

Fortescue Metals Group (ASX:FMG) CEO Elizabeth Gaines predicts steel production in China will not drop below 2020 levels despite talk of production cuts in the steelmaking powerhouse. She told delegates at the Diggers and Dealers Mining For...

It is 2021 and green hydrogen always had to make an appearance, so Fortescue Metals Group’s (ASX:FMG) closing presentation at 3.30pm AWST will be one to look out for. CEO Elizabeth Gaines is not Twiggy Forrest himself, who seems to have com...

Strong consumer buying and modest institutional investment helped create gold demand of 955.1 tonnes over Q2 – a 9% rise from Q1 2021, and in line with the equivalent period last year. While both consumers and retail investors were purchasi...

The latest round of results from Musgrave’s cornerstone gold asset have enhanced the Big Sky target’s prospectivity, with assays from 19 reverse circulation drill holes reported today.

Western Australia’s Cue region has been a gold hotspot for more than a century. Victory Goldfields, a soon-to-be-ASX listed gold explorer, hopes to build on its storied narrative.   Working in Victory Goldfields’ (to be ASX: 1VG) favour is...

It is no longer just lip service — to create max value for shareholders, miners know they need good Environmental, Social and Governance (ESG) credentials. Failing to maintain good relationships with stakeholders (like governments, local co...

Rob Waugh-led explorer Musgrave Minerals has three rigs at its Cue project with plenty of newsflow ahead.

Gold had its worst month since November 2016 in June, down 7% to $US1,779/oz. Mining and exploration stocks have followed suit. This bearish trend creates a buying opportunity, experts say. Boutique investment advisory firm head Frank Holme...

Uncovering a new high-grade basement gold zone at a Lake Austin gold target has led Musgrave’s joint venture partner to fund additional drilling campaigns.

Shares in Evolution Mining Ltd (ASX: EVN) are up slightly following news of a gold discovery at the Cue Project joint venture area in central Western Australia. At the time of writing, the Evolution share price is trading at $4.54 – 0.33%...

The market giveth and the market taketh. Truer words have never been spoken with gold prices diving nearly US$100 in less than a day after the US Federal Reserve signalled higher inflation and that interest rates could rise twice by 2023. G...

The Musgrave Minerals Ltd (ASX: MGV) share price is moving on up after the company announced “thick gold intersections” at its flagship mine in Western Australia. Shares in the gold miner touched an intraday high of 38.5 cents today before...

Broad spaced (100-200 metres) first pass RC drilling has identified thick regolith gold mineralisation within the extensive 2.6 kilometre-long aircore gold anomaly at Big Sky.

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Gold is re-starting its bull rally as two major obstacles — higher US Treasury yields and Bitcoin — fizzle. “Strong headwinds from parabolic Bitcoin and rising bond yields appear to have run their course,” Bloomberg Intelligence senior comm...

Gold’s rally ran out of puff this week, with the precious metal dropping about 2% below ~$1US1,870/oz at Thursday close. Kitco’s Jim Wyckoff calls it “routine profit taking”. “Importantly, the price uptrend in gold on the daily chart remain...

Over the past two months the gold price has turned a corner, up ~12.7% to a high of $US1898/oz. That’s a four month high, erasing almost all of 2021’s losses. The share prices of local gold stocks have responded in kind. Over the past month...

Follow-up basement drilling is continuing at the Big Sky and Target 14 prospects, with 40 RC holes completed to date and assays pending.

Are large Bitcoin investors moving back into precious metals? In a note to clients, JPMorgan said large institutional investors are dumping bitcoin in favour of gold, reversing a trend that’s played out over the last two quarters. “The bitc...

The extensive, continuous regolith gold mineralisation at Big Sky indicates the potential for a large well-mineralised gold system in the underlying basement.

The recovery in the gold price from its early March lows — ~$1,670s to over $1,825 currently — was mostly driven by the decline in real interest rates and, more recently a poor US jobs report and increasing inflation. US core inflation in A...

Silver City Minerals has identified more than 40km of potential gold-bearing structures during geophysical work at its soon to be acquired Austin gold project in WA. The project, in which Silver City (ASX:SCI) recently struck a binding agr...

“When you stop growing you start dying,” is a saying the ASX’s largest gold miners have apparently taken to heart. While hopefully remaining cognisant of the expensive, value-destroying deals which occurred when gold last peaked in the 2010...

Silver City has kicked off major soil sampling programs on two high priority areas within its Austin gold project that are prospective for the discovery of high-grade gold. The company will collect 1,085 soil samples over the extensive Shad...

Aircore drilling continues to define strong high-grade regolith mineralisation at Target 14 along with broad lower grade mineralisation suggesting a major basement source.

The prospectivity of Silver City’s newly acquired Austin project has received a boost after resampling of drilling by the vendor returned high grade gold hits. Resampling of samples from previous shallow reverse circulation drilling at the...

The gold price traditionally thrives on geopolitical drama. Heightened tensions in eastern Ukraine, the recent incident at an Iranian nuclear site, and news of an unofficial US delegation visiting Taiwan are recent reminders that 2021 will...

Silver City Minerals has uncovered gold mineralisation higher than 1100 grams per tonne in assays of rock chip samples at its to-be-acquired Austin project. Samples taken from three priority targets at Austin were sent to the lab, with the...

Gold continues to trend upwards on the back of US dollar’s ongoing weakness and concerns about inflation, so it’s unsurprising that the majority of gold plays on our watchlist have marked gains this week. The previous metal is currently tra...

The Musgrave Minerals Ltd (ASX: MGV) share price is flat in early morning trade, despite the ASX gold miner releasing a positive drilling update. Below we take a look at Musgrave’s latest drill results. What drill results did Musgrave repo...

Gold plays are eyeing the climb in gold prices to a near two-week high of $US1,745 ($2,276) an ounce thanks to a weaker US dollar, falling bond yields and a rally in crude oil prices that fuelled precious metal bulls. Despite the slowly imp...