MGV News: Musgrave Minerals sees low-cost, high-margin gold in Cue’s future - 18th Apr 2023, 5:00am

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Melbourne, Victoria --News Direct-- Musgrave Minerals Ltd

Musgrave Minerals Ltd (ASX:MGV) managing director Rob Waugh takes Proactive through a stage one pre-feasibility study (PFS) for the company’s cornerstone Cue Gold Project in WA. With a pre-tax internal rate of return of 95% and a pre-tax net present value of A$235 million, Waugh says the five-year development scenario represents a low-cost, high-margin gold opportunity. Musgrave plans to release a PFS for stage two early next year a...

>>> Read more: Musgrave Minerals sees low-cost, high-margin gold in Cue’s future
 
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