Musgrave Minerals Ltd. refers to the off-market takeover offer from Ramelius Resources Ltd. to acquire all of the fully paid ordinary shares in Musgrave that it does not own for 1 share in Ramelius for every 4.21 Musgrave Shares held and $0.04 cents in cash for every Musgrave share held . Detailed reasons for the Musgrave Director's recommendation that shareholders ACCEPT the Ramelius Offer, in the absence of a superior [...]
Musgrave Minerals Ltd. announced that it has entered into a Bid Implementation Agreement with Ramelius Resources Ltd. , pursuant to which Ramelius will offer to acquire all the issued ordinary shares of Musgrave by way of a cash and scrip off-market takeover offer . Under the terms of the Recommended Offer, Musgrave Shareholders will receive 1 Ramelius share for every 4.21 Musgrave shares held and $0.04 in cash for every [...]
Musgrave Minerals Ltd. refers to its announcement of 26 June 2023 regarding your directors' recommendation to reject the unsolicited takeover offer of all the shares in the Company from Westgold Resources Ltd. . The Directors of Musgrave continue to unanimously recommend that you REJECT the Westgold all scrip offer of 1 Westgold share for every 5.37 Musgrave shares and provides the following additional statements in [...]
Musgrave Minerals Ltd. is pleased to report new assay results from reverse circulation drilling across multiple deposit and prospect areas, on its 100% owned ground at its flagship Cue Gold Project in Western Australia's Murchison district . These are a combination of infill and extensional drill holes and highlight the growth potential of the Project. Musgrave Managing Director Rob Waugh said: "Following the strong [...]
Musgrave Minerals Ltd. advises that Westgold Resources Limited has announced that it intends to make an unsolicited and conditional off-market takeover offer for all of the shares in the Company. The proposed Offer consideration is one Westgold share for every 5.37 Musgrave shares held, which implies an offer price of $0.30 per Musgrave share. At this stage the Company has not received Westgold's Bidder's Statement and [...]
Musgrave Minerals Ltd. is pleased to report new assay results from reverse circulation drilling at the Leviticus deposit, on its 100% owned ground at its flagship Cue Gold Project in Western Australia's Murchison district . These are a combination of infill and extensional drill holes and highlight the high-grade nature of the Leviticus mineralisation. Musgrave Managing Director Rob Waugh said: "The strong gold results [...]
Musgrave Minerals Ltd. is pleased to confirm the release of the Company's updated 3D interactive model of the Cue Gold Project incorporating both Stage 1 Prefeasibility design and geoscientific data. The 3D interactive model is hosted using the VRIFY Technology Platform and includes details of the Cue Gold Project location, topography, resource block models and PFS open pit, underground and infrastructure design [...]
During the quarter the key focus for Musgrave Minerals Ltd. was on progressing both exploration and the Stage 1 Prefeasibility Study on Musgrave's 100% owned tenure at Cue which hosts a Mineral Resource Estimate of: 12.3 Mt @ 2.3g/t Au for 927koz gold This work resulted in the delivery of the Stage 1 PFS in April 2023 for the Cue Gold Project . The CGP focused on the southern component of the Mineral Resource: 10.8 Mt [...]
Musgrave Minerals Ltd. is pleased to announce the results of a Stage 1 Prefeasibility Study on its 100% owned Cue Gold Project, situated in the heart of Western Australia's Murchison gold region. The outcomes of the study show a technically and financially robust project. Key Highlights - Confirms a financially attractive standalone project with an initial 5-year LOM demonstrating low cost, high margin gold production [...]
Musgrave Minerals Ltd. is pleased to confirm the release of the Company's first 3D interactive geoscientific model of the Cue Gold Project. The 3D interactive model is hosted using the VRIFY Technology Platform and includes details of the Cue Gold Project location, topography, and resource block models. Exploration activities such as drilling, surface geochemistry, geophysical surveys and models of the Company's gold [...]
Musgrave Minerals Ltd. is pleased to report further assay results from reverse circulation drilling across multiple prospects, on its 100% owned ground at its flagship Cue Gold Project in Western Australia's Murchison district . These are the final assay results from the RC phase of drilling completed in December 2022. Musgrave Managing Director Rob Waugh said: "The intersection north of Break of Day may represent a new [...]
Musgrave Minerals Ltd. is pleased to report further assay results from reverse circulation drilling across multiple prospects, on its 100% owned ground at its flagship 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 [...]
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