Magnetic Resources NLASX: MAU

Mt Jumbo East delivers 4m @ 4g/t gold

· Issued by Magnetic Resources NL

Filed with ASX · · 13 pages · English

The Mt Jumbo East Prospect comprises eight 100%-owned prospecting licences P38/4317 to P38/4324 (11.5sq km) located 16km SSW from Laverton and immediately covering an 8km strike length of prospective iron formations, ultramafics, mafics and black shales (Fig. 1). This maiden drill programme consisted of 6 RC drillholes for 544m targeting shallow easterly dipping banded iron formations (BIF) with a

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