(NewsDirect)
Magmatic ResourcesLtd (ASX:MAG) MD Adam McKinnon tells Proactive the company continuesto increase the size of its copper footprint in the greaterCorvette-Kingswood area of the 100%-owned Myall Project in CentralWest NSW. Recent drilling results have picked out high-grade copperintersections west of the Corvette deposit. The latest drillingprogram consisted of eight diamond drill holes designed to exploreshallow mineralisation across six key targets. Copper mineralisationwas intersected in all eight holes, indicating a substantial increasein the mineralisation target zone.
“This program represented somewhat of astep-change in approach for the vompany, with a focus on testing forshallow mineralisation in the region surrounding the immediateCorvette and Kingswood deposits,” McKinnon said.
“The trend of everysingle hole we have drilled over the past 18 months at Myallintersecting copper mineralisation has continued. This includes alleight of our recent extensional drill holes - highlighting the rapidlyexpanding footprint of this remarkably fertile mineralsystem.”
ContactDetails
Proactive Investors
JonathanJackson
+61 413 713 744
Jonathan@proactiveinvestors.com
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