MAG 1.69% 6.0¢ magmatic resources limited

Ann: Lady Ilse RC drilling returns highest grade Au-Cu results, page-204

  1. 5,733 Posts.
    lightbulb Created with Sketch. 8150
    Lady Ilse is next/current?

    Boda North is next/current (they've only drilled 3 shallow holes into it (120m/150m/150m) at a large anomaly per the geophysics done).

    Then as they say; they're ranking their targets and going after the best ranked ones first.

    I wouldn't think they need to go for more targets on top of Lady Ilse, Boda North and I think Boda South and/or Rose Hill might get a go some time, but pretty sure at the moment it's all Lady Ilse with some Boda North (and obviously always something in the background).

    In saying that, I personally wouldn't question where Peter & Co are exploring or rank/prioritise the targets for them - they're much better at that than me so I'll leave that job to them.

    Currently diamond drilling.

    From last week's RC drilling announcement:

    "Grades and alteration are consistent with a proximal position to a significant gold-copper porphyry system."

    Plain English there as to where they're at and how close they are!

    Cheers,

    GB.
    Last edited by Green Bull: 15/09/20
 
watchlist Created with Sketch. Add MAG (ASX) to my watchlist
(20min delay)
Last
6.0¢
Change
0.001(1.69%)
Mkt cap ! $25.02M
Open High Low Value Volume
6.0¢ 6.1¢ 6.0¢ $31.43K 523.6K

Buyers (Bids)

No. Vol. Price($)
1 14448 6.0¢
 

Sellers (Offers)

Price($) Vol. No.
6.3¢ 86084 1
View Market Depth
Last trade - 14.30pm 13/09/2024 (20 minute delay) ?
MAG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.