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Magnetic Resources Secures Mining Leases, Sets Stage for Lady Julie Gold Production
8:29am on Tuesday 16th of September, 2025 AEST
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Mining
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Magnetic Resources Secures Mining Leases, Sets Stage for Lady Julie Gold Production
8:29am on Tuesday 16th of September, 2025 AEST
Key Points
All mining leases granted for Lady Julie Gold Project deposits
Resource upgrade confirms 2.14 million ounces of gold
Feasibility study shows strong economics and over one million ounces planned for mining
Miscellaneous licence approved for water and power infrastructure
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Magnetic Resources (ASX:MAU)
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