Magnetic Resources NL (ASX: MAU) the LJN4 zone continues to show exceptional potential, with its northern main zone expanding to a down-dip dimension of at least 1000m, starting at a shallow depth of 30m. Recent drilling delivered outstanding results, including 76m at 2.44 g/t Au (MLJDD059), with highlights of 30m at 3.46 g/t Au and 10m at 6.26 g/t Au; 24m at 5.10 g/t Au (MLJDD065), including 19m at 5.96 g/t Au; and 27m at 3.24 g/t Au (MLJDD066), with 17m at 4.03 g/t Au.
The zone’s core, dominated by silicified and fuchsite-altered ultramafic rocks, now spans 550m down-plunge and 200m in strike length, delivering gram-thickness values of up to 167g/m. Previous notable intersections include 21m at 6.29 g/t Au (MLJDD042) and 41.6m at 1.55 g/t Au (MLJDD056). This impressive mineralized zone, measuring 300m by 1000m, remains open at depth, with assays from six additional diamond drill holes pending.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Dec 24, 2024
Dec 24, 2024
Dec 24, 2024
Dec 24, 2024
Dec 24, 2024
Dec 24, 2024
Dec 24, 2024
Dec 24, 2024
Dec 24, 2024
Dec 23, 2024
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.