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Magmatic and Fortescue Accelerate Myall Drilling with $3.5M Budget

9:17am on Friday 1st of August, 2025 AEST Mining
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Magmatic and Fortescue Accelerate Myall Drilling with $3.5M Budget

9:17am on Friday 1st of August, 2025 AEST
Key Points
  • Fortescue commits $3.5M exploration budget for FY25-26 at Myall Project
  • Drilling program includes significant air core and diamond drilling
  • Calais prospect shows encouraging copper and gold mineralisation
  • No significant results at Monaro and Sandman prospects
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