Ann: Work program approved for Myall JV with Fortescue, page-13

Thanks for posting the video interview with Adam.

Looks like Adam is still the "amazing geo" and he did do everything he was supposed to, as did Gold Fields before MAG, but Newcrest and Resolute didn't do it all before them and that's the historical holes/drilling that they're re-assaying currently.

So, there will be news of the re-assaying from Myall, and even though we're now waiting longer than we thought we would, the patience should pay off once they have full datasets from all historical drilling, which will give them a better chance of success.

Adam says they're also currently getting land access for targets at the Parkes project.

Says, that soil geochemistry work/results are due shortly from the Bodangora area.

And there's also land access news for Rose Hill that they're working on (and then start drilling there).

AC drilling (70-80 shallow holes) at Lady Ilse should be finished shortly/within a week or so (then RC/DD drilling to start based off AC drilling results).

They're finally cashed up with $7M and can/will explore both of their projects (Wellington North & Parkes), while chipping away at FMG's $14M of funding and working together with FMG at their third project (Myall).

Plenty of activity, and plenty of news to come, and thank you for all those that topped up MAG's coffers at 8.5c (hopefully you all get a nice return on your investment soon).

Cheers,

GB.