| Announcement Date: | 2022-09-27 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Magnetic Resources NL |
| Project name: | HN9 |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 32m at 1.67g/t Au from 144m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | The Lady Julie North 4 gold deposit keeps expanding in size and new drill hole intersections in MLJRC624 (20m at 1.06g/t from 52m), MLJRC625 (16m at 1.81g/t from 88m) and MLJRC626 (8m at 2.35g/t from 100m) have expanded the mineralisation by 200m to the north of the existing 600m long Lady Julie North 4 Resource (Indicated and Inferred) of 2.7Mt at 1.27g/t for 109,000oz. (Figure 1). This forms part of the Lady Julie Combined Resources (Indicated and Inferred) of 5.4Mt at 1.27g/t for 224,000oz (Figure 2 and Table 1). In addition, at Lady Julie North 4, a new near surface zone just south of the centre of the deposit has an intersection of 20m at 1.67g/t from 48m in MLJRC641 and is open to the east and sits above steeper dipping resources. This intersection is east of the calculated resources and expands the potential EW extent of the mineralised zones to greater than 150m. Four drill holes are planned MLJRC634, 669 and 678-679 and will be testing the continuity further east of these nearer surface gold zones (Figure 1). |
| Read More |
Pricing Plans
We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.
Standard
$
10
Per Month
Stay up to date with the global mining industry.
- The Opaxe Review
- Search using Explore
- 60,000 company announcements
- Access announcements older than 7 days only
Essential
$
50
Per Month
Our most popular plan, great for: Small Investors, and Mining Suppliers
- All Standard plan features; plus
- New business opportunities every day
- Customizable filters and search results
- The Opaxe Index
- Export search results to your own system
- Announcement Alerts and Notifications
- Company pages & other announcements
Premium
$
100
Per Month
Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders
- All Essential plan features; plus
- Drilling result comparisons
- Downloadable intercept data
- Resources and reserves data