Is Magmatic on the Verge of a Major Copper-Gold Discovery at Calais?

• Second deep diamond drill hole at Calais intersects broad copper-gold mineralisation
• 11.7m at 0.59 g/t gold and 0.38% zinc within a 271m magnetite-pyrite-chalcopyrite zone
• Results suggest mineralisation within wallrock of a porphyry system with possible epithermal overprint
• Fortescue to spend up to $14 million to earn 75% interest under Farm-in and Joint Venture Agreement