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Magnetic Resources NL Announces Promising Expansion of LJN4 Gold Resource

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Magnetic Resources NL Announces Promising Expansion of LJN4 Gold Resource

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Magnetic Resources NL ( (AU:MAU) ) has issued an update.

Magnetic Resources NL has reported impressive drilling results from the LJN4 deposit, particularly in the northern zone, which is showing considerable growth potential. The company is focusing on expanding its resource base through additional drilling, which could enhance both open pit and underground mining prospects, potentially increasing the overall gold resource in the Laverton Region.

More about Magnetic Resources NL

YTD Price Performance: 10.91%

Average Trading Volume: 96,210

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$325.4M

Find detailed analytics on MAU stock on TipRanks’ Stock Analysis page.

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