Ann: Magmatic Exploration Activity Update, page-5

he is methodical when it comes to exploration. Lady Ilse has not been tested where he is drilling now and if those AC holes confirm the zone extends further north then RC/DD holes will follow.

At Boda4 ALK has also reported similar early results to MAG's Boda Southwest and is preparing to drill number of AC holes there. If ALK does report strong results from there then Boda Southwest is also with a chance.

Rose Hill was abandoned by the previous MD after one follow up hole that did not show much at depth below hole that produced 71m hit - if I remember right. What Adam is trying to test here is the strike of that zone. If he finds good strike then he will test for deeper zones along the strike.

good luck all.