Magnetic Resources NL (AU:MAU) has released an update.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Magnetic Resources NL has reported significant mineralization at its LJN4 site, with the main lode extending down to 1km and showing promising potential for both open pit and underground mining. The latest drilling results indicate high-grade gold intersections, enhancing the project’s resource potential. An ongoing feasibility study aims to incorporate these findings into future mining plans.
For further insights into AU:MAU stock, check out TipRanks’ Stock Analysis page.

