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Magmatic Advances WA Gold Play with Stage 1 Weebo Acquisition

10:21am on Tuesday 1st of July, 2025 AEST Mining
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Magmatic Advances WA Gold Play with Stage 1 Weebo Acquisition

10:21am on Tuesday 1st of July, 2025 AEST
Key Points
  • Stage 1 acquisition of Weebo Gold Project completed with 5 exploration and 1 prospecting license
  • Issued 19.6 million ordinary shares and 9.8 million performance shares to vendors under escrow
  • Project covers 136 km² in the prolific Yandal Greenstone Belt near major gold mines
  • Stage 2 acquisition pending renewal of 3 additional exploration licenses
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