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Magnetic Resources Secures Key Mining Lease, Sets Stage for Lady Julie Gold Production
9:43am on Monday 28th of July, 2025 AEST
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Mining
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Magnetic Resources Secures Key Mining Lease, Sets Stage for Lady Julie Gold Production
9:43am on Monday 28th of July, 2025 AEST
Key Points
Mining Lease E38/1315 granted covering Lady Julie North 4 deposit
Deposit contains 31.2 million tonnes at 1.93g/t gold for 1.94 million ounces
Feasibility study confirms over 1 million ounces to be mined with strong economic metrics
Access agreement signed enabling imminent granting of additional mining leases
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Magnetic Resources (ASX:MAU)
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