Exploration to commence at nickel project east of Julimar
Filed with ASX · · 6 pages · English
Four separate projects totaling 322sq.km including Benjabbering E70/5537, Trayning E70/5534, Goddard E70/5538 and Korrelocking ELA70/5771 are held 100% by Magnetic Resources starting from 90km out to 150km northeast of Chalice Gold Mines Limited’s Julimar Ni-Pd Discovery (Figure 6). These projects were selected based on aeromagnetic interpretation after noting the structural setting of the Julimar
Earlier from Magnetic Resources NL
- Quarterly Cashflow Report
- Raise $2.6m to advance drilling at HN9 and Lady Julie
- Final seismic shows up 4km2 thrust zone at HN9
- 2D seismic results show 1.5km depth continuity at HN9
- Infill drilling at HN9 identifies 4m @70g/t AU from surface
Later from Magnetic Resources NL
- 9 gold targets defined over 14km at HN5, HN6 and HN9
- Lady Julie project delivers with 38m at 3.6g/t gold from 32m
- Lady Julie North expanded with purchase of tenements
- Multiple thick and high-grade zones located at Lady Julie
- Thick high grade intersections from surface at Lady Julie
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