Magmatic Resources Advances Copper Exploration

Magmatic Resources Ltd. (AU:MAG) has released an update.

Magmatic Resources Ltd has reported promising copper anomalism over a six-kilometer trend at their Black Ridge prospect in the Parkes Project, including high-grade rock chip samples with up to 7.4% copper. The company is moving forward with close-spaced soil sampling to define drill targets and has commenced a two-week drilling program at the Wellington North Project’s Rose Hill prospect, which is prospective for porphyry copper-gold mineralization.

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