Multiple continuous mineralised trends defined at Parker
Filed with ASX · · 20 pages · English
Summary by 6ix AI
Magnum Mining and Exploration Limited has released an update on the Parker Project, detailing the identification of multiple continuous mineralised trends through reconnaissance mapping and surface sampling. The report highlights significant targets including Eagle Nest and Red Breccia, with plans to engage the Bureau of Land Management for drill permitting. Historical mining data indicates the presence of copper-gold mineralisation, with modern exploration yet to fully test deeper zones. The company aims to commence drilling at these promising targets as soon as permitting is secured and assay results are received.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Magnum Mining and Exploration Limited on 6ix
Story so far
Earlier from Magnum Mining and Exploration
- Geophysics Identifies High Priority Au-Cu Targets at Parker
- Ionic adsorption clay discovery confirmed at azimuth
- Potential large-scale ionic adsorption clay ree discovery
- High-grade Wet Mountain REE acquisition complete
- Quarterly Activities/Appendix 5B Cash Flow Report
Later from Magnum Mining and Exploration
- Extensive auger drilling to follow-up iac discovery
- Trading Halt
- Multiple assays exceed 100g/t Au & up to 18.35% Cu
- Multiple overlimit assays confirm up to 178 g/t gold
- Large-scale drill programme launched at iac REE discovery
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