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Magmatic Resources Expands with Weebo Acquisition and Strong Myall Drilling Results
2:42pm on Thursday 31st of July, 2025 AEST
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Mining
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Magmatic Resources Expands with Weebo Acquisition and Strong Myall Drilling Results
2:42pm on Thursday 31st of July, 2025 AEST
Key Points
Completed first stage acquisition of Weebo Gold Project with share and performance share issuance
Weebo Project strategically located near five major gold mines in Western Australia
Promising drill results at Myall Project under joint venture with Fortescue Metals Group
Exploration expenditure of $809K for the quarter with no mining production activities
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