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Magnetic Resources Extends Lady Julie North 4 Gold Zone Beyond 1,000m Depth
8:23am on Thursday 6th of February, 2025 AEDT
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Mining
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Magnetic Resources Extends Lady Julie North 4 Gold Zone Beyond 1,000m Depth
8:23am on Thursday 6th of February, 2025 AEDT
Key Points
Northern zone of Lady Julie North 4 extended down dip beyond 1,000m and remains open
Recent diamond drilling delivers multiple thick, high-grade gold intersections
Central core zone size increased from 100m to 250m down plunge within a 300m by 1,000m mineralised area
Feasibility study initiated incorporating both open pit and underground mining scenarios
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