Magnum Mining and Exploration LimitedASX: MGU

Drilling at palmares REE project complete

· Issued by Magnum Mining and Exploration Limited via ASX

Filed with ASX · · 5 pages · English

Summary by 6ix AI

The program was completed under budget and all samples have been sent for assaying, with results expected to be reported after quality control procedures. Additionally, ongoing drilling at the Azimuth REE Project's Piracanjuba Prospect is progressing, with a significant portion of the planned drilling already completed. The company aims to deliver an Exploration Target and a JORC Mineral Resource Estimate in the coming months, contingent on exploration results.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

On 6ix: 6ix.com/news/drilling-at-palmares-ree-project-complete

Release

ASX Release: [8 July 2026] Melbourne VIC 3205, Australia ASX Release – 29 July 2026 ASX: MGU , OTCQB: MGUFF DRILLING AT PALMARES REE PROJECT COMPLETE HIGHLIGHTS ? RC drilling at the Feirinha Prospect at the Palmares REE Project in Brazil is now complete. ? The final...

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