The Project MUSGRAVE is in GREEN EXPLORATION stage. Mining Property in AUSTRALIA : Ownership, location, history, geology, maps, reserves and resources, related press releases

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Musgrave Project

Musgrave

Country

Australia

Status

GREEN EXPLORATION

Surface

1,500 km² / 370,650 acres

Latitude / Longitude

25 S 50 / 133 E 10

Legends


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Produces

Develops

Explores for

Nickel -

Last updated on 11/26/2010 - Terms of Use

Risk and valuation analysis of the Musgrave Project

Status Risk : Green exploration

Country Risk : Very Low

Title(s) of the Musgrave Project

BHP Billiton
Interest: 65%


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Under the three way Joint Venture Agreement, which is subject to final approval by APY, BHP Billiton may earn a 65% interest in thirteen tenement applications covering approximately 16,000 square kilometres from Goldsearch and Independence by funding more...

Independence Group NL
Joint venture: 51%


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Goldsearch Ltd.
Interest: 17.15%


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The East Musgrave Project is a joint venture between Goldsearch and Independence Group NL. During 2007 Independence Group NL completed its earn in obligations by issuing Goldsearch 200,000 fully paid ordinary shares to earn a 51% interest in the proj more...

Location of the Musgrave Project
The tenements are located in the Musgrave region of South Australia within the APY freehold aboriginal lands.

History of the Musgrave Project
Limited exploration by previous explorers in the 1970's defined minor nickel and copper sulphide mineralisation in three holes drilled at the Wanka Wanka Hill prospect on ELA343/96. Aside from this work the tenement areas are essentially un-explored using modern mineral exploration techniques.

Geology of the Musgrave Project
The tenements are located in the Musgrave region of South Australia within the APY freehold aboriginal lands. As previously advised, the region is considered highly prospective for a number of ore body styles with the priority exploration target bein more...

Exploration and drilling

4/30/2008	Commencement of field programs
10/29/2007	EAST MUSGRAVE JOINT VENTURE TENEMENTS GRANTED
9/25/2007	Progress report on Musgrave joint venture
7/18/2007	Musgrave block activity
3/23/2007	East Musgrave joint venture ownership
2/10/2007	Completion of joint venture agreement
12/1/2006	East Musgrave project – joint venture with Independence Grou...
11/26/2003	Musgrave joint venture – report from Independence Gold NL
10/21/2003	Musgrave joint venture – report from Independence Gold NL

Location

Data last updated on : 12/31/2006

Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.