MAG 7.14% 6.0¢ magmatic resources limited

Ann: Six-kilometre copper trend defined at Black Ridge, page-2

  1. 7,991 Posts.
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    not bad but it will be long time before we see any drilling. considering there are lot of small scale mines there, I'd say there is good chance of deeper Cu deposit with some Au and Ag credits to be found.

    MAG may attract another JV with this ground. A JV on better terms than the ones with FMG. But one step at a time - get to a drilling stage and sink 3-4 holes and hopefully show enough color to attract that JV partner.
 
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