MAG 0.00% 5.2¢ magmatic resources limited

Ann: Investor Presentation - Broker Briefing, page-116

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  1. 5,747 Posts.
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    They just finished drilling the 1 hole there and announced the bornite intercepts last week.

    Once the results are out they'll go back there and drill it out.

    This should be the best hole that they've drilled to date.

    Currently cashed up with $6.5M and next few months (and beyond) is all about drilling at multiple targets/areas, over multiple projects (check out the latest presso), after a lot of pre-drill/target generation work by MAG and Gold Fields before them.

    Not easy to make a big discovery but these guys are getting closer to making one or two.

    Cheers,

    GB.
 
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