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Magnum’s Piracanjuba North target enters the resource-definition phase
8:15am on Friday 30th of October, 2026 AEDT
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Mining
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Magnum’s Piracanjuba North target enters the resource-definition phase
8:15am on Friday 30th of October, 2026 AEDT
Key Points
32.5km² Plateau Zone selected for maiden JORC resource estimate
Conceptual Exploration Target of 700-1,200Mt at 500-650ppm TREO
Magnet rare earths rose to 33.1% of desorbable TREO in Plateau data
A$1.7m quarterly operating cash outflow and A$1.976m closing cash
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Magnum Mining and Exploration (ASX:MGU)
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