For thousands of other reports visit RSC's Mineral Intellingence Map
Magmatic Resources Ltd.
Summary
| Project: | Parkes | |
|---|---|---|
| Deposit: | Buryan | |
| Location: | Australia | |
| Commodities: | Gold-Copper | |
| Date: | 10/14/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-10-2019: Magmatic Resources Ltd. announces an Exploration/Drilling Update report for its Buryan deposit at the Parkes project. Drilling results incl. 57m @ 0.17% Cu, 0.11g/t Au from 822m. Magmatic Resources Limited (“Magmatic” or the “Company”) (ASX: M | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Steven Oxenburgh (Internal) | |
| ABSTRACT: | Magmatic Resources Limited (“Magmatic” or the “Company”) (ASX: MAG) would like to update the market about its Parkes Project Joint Venture (“JV”) with Japan Oils and Gas Metals National Corporation (JOGMEC). JOGMEC have spent approximately $2.7m on the project which is in its 3 rd year. JOGMEC and Magmatic and have agreed to discontinue the JV, and 100% of the project and the two licences (Alectown and Parkes East) remain with Magmatic. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report