Magmatic Resources Ltd. (AU:MAG) has released an update.
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Magmatic Resources Ltd. has initiated gold-copper exploration at the Lady Ilse prospect within the Wellington North Project, following approval for drilling. The prospect shows promise for significant mineralisation, with plans to drill 70-80 air core holes targeting areas north of a previously defined gold-copper trend. Managing Director Dr. Adam McKinnon expresses high expectations for the project, citing the region’s potential for major discoveries.
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