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Magmatic’s Weebo drilling sharpens a gold-focused exploration strategy

7:03pm on Friday 25th of September, 2026 AEST • Mining
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Magmatic’s Weebo drilling sharpens a gold-focused exploration strategy

7:03pm on Friday 25th of September, 2026 AEST
Key Points
  • Multiple gold-bearing lodes identified across Weebo prospects
  • 6,591 metres of Phase 3 drilling completed at Weebo
  • Fortescue-funded Myall drilling extended copper-gold targets
  • $3 million placement lifted cash to $5.54 million
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