MAG 0.00% 6.4¢ magmatic resources limited

Ann: Diamond Drilling to commence at Historic Bodangora goldfield, page-323

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  1. 5,743 Posts.
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    Not sure when the next news will come but it won't have anything to do with Adam's start date.

    Chairman is acting as MD, and the Exploration Manager knows what he's doing - they were running everything by themselves since MAG IPO'd/up until Pete joined them.

    Exploration Manager knows his stuff, would have put everything (drill plans) together with Pete anyway, and now the drill plans are being executed.

    Not that the Exploration Manager needs Pete or anyone to put together a drill plan - he had a $20M+ exploration budget at his previous role (a lot more than MD's at junior explorers have), and he knows the MAG grounds better than most, as he came from Gold Fields together with the projects, into MAG.

    See how we go with newsflow but plenty happening and currently drilling at the Bodangora gold mines, and per the "Director Appointment" announcement, they've also started exploration at Stockmans & MacGregors targets next to ALK's Tomingley mine/discoveries.

    2022 should get off to a flying start with the new MD appointment/start, potentially visuals from Bodangora, start of drilling at Parkes (Stockmans & MacGregors), start of exploration/drilling at Myall (Kingswood & area), results from all of those, etc.

    Cheers,

    GB.
 
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