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Magnetic Resources NLASX: MAU

Placement raises $3.1m to fund exploration

May 6, 2019 at 11:41 PM EDT · Issued by Magnetic Resources NL

Filed with ASX · May 6, 2019 at 11:41 PM EDT

On 6ix: 6ix.com/news/placement-raises-dollar3.1m-to-fund-exploration

Magnetic Resources Nl has released a press release.

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Magnetic Resources NL on 6ix

Story so far

  • Placement raises $4.6mJul 30, 2018
  • Completion of placementApr 5, 2018
  • Completion of placementSep 7, 2017

Earlier from Magnetic Resources NL

  • 2.1km gold target open north, south, east and depthMar 24, 2019
  • Investor PresentationFeb 17, 2019
  • Significant 2km gold target open to east of HN9 drill linesFeb 3, 2019
  • Investor Presentation - January 2019Jan 14, 2019
  • Gold geochemical zone grows to 2km at Hawks Nest 9Jan 6, 2019

Later from Magnetic Resources NL

  • Gold target enlarged by 47% at Hawks Nest 9 to 3.1kmMay 21, 2019
  • HN9 prospective zone enlarged by 170% with lady julie tenemeJun 23, 2019
  • 200m wide gold zone open to northeast at Hawks Nest 9Jun 26, 2019
  • 200m gold zone to north and new 800m gold zone at HN 9Sep 3, 2019
  • Highest grades at HN9 and drilling commences at Lady JulieOct 13, 2019
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