Total Iron Ore Targets to 312km - New Drill Target at Jubuk

Magnetic Resources has applied for a further 940km 2of exploration licences, increasing its total tenement holding over iron ore targets in the south west of WA to 6,240km 2. The new applications are a result of further detailed analyses of both regional and detailed aeromagnetic surveys flown throughout this region. Six new project areas have been applied for, of which one project in particular,