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Magmatic Kicks Off $3.5M Diamond Drilling at Myall Copper-Gold Project

8:40am on Monday 12th of January, 2026 AEDT Mining
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Magmatic Kicks Off $3.5M Diamond Drilling at Myall Copper-Gold Project

8:40am on Monday 12th of January, 2026 AEDT
Key Points
  • 14-hole, 5,000m diamond drilling program commenced at Myall FJVA Copper-Gold Project
  • Exploration funded by Fortescue Resources under $3.5 million FY26 budget
  • Targets include Calais, Interceptor, Barina, and Gemini prospects
  • Drilling aims to test geochemical and magnetic anomalies indicative of porphyry deposits
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