Musgrave Minerals Limited is an Australian gold and base metal exploration company focused on growth through the discovery and development of gold and base metal resources within Australia. The Company's principal activities consist of the exploration of mineral tenements both on a joint venture basis and by the Company in its own right; to continue to seek extensions of areas held and to seek out new areas with mineral potential, and to evaluate results achieved through surface sampling, geophysical surveys and drilling activities carried out during the year. Its projects include Cue Project, Mamba Project and Corunna Project. The Cue Project consists of the Moyagee Gold and Hollandaire Copper Projects. The Mamba project tenement is located approximately five kilometers from the Trans Australian rail line access corridor. It also has projects in the Fraser Range region of Western Australia and the Musgrave Geological Province and Southern Gawler Craton regions of South Australia.