Magma finds high grades at Thunder Bay NorthPublished 9:38 AM,...

Magma finds high grades at Thunder Bay North

Published 9:38 AM, 30 Mar 2011



Source: News Bites

Magma Metals Ltd has intersected 53.65 m at 7.58g/t platinum and palladium (Pt+Pd), 0.92% copper (Cu) and 0.51% nickel (Ni) at Thunder Bay North in Ontario, Canada.

The drill hole, TBND233, was designed to test an electro-magnetic target in the southern part of Current Lake. Meanwhile drilling in the northern part of Current Lake and in the Beaver Lake area intersected mineralisation outside of the known the mineral resource. A 30,000 m exploration drilling program will be carried out this year to test resource extension targets and regional targets.

STOCK DASHBOARD: March 30, 2011