Magmatic kicks off diamond drilling at Myall

Magmatic Resources (ASX:MAG) has kicked off diamond drilling at its Myall Project in NSW. The company’s Managing Director, Dr Adam McKinnon, says he is ‘pretty confident’ drilling will return ‘interesting mineralisation’ given the project sits within a ‘very large basement copper anomaly’ with ‘a lot of fluid flowing through it’, which he says is what you need for large copper porphyry deposits.

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Written By Carolyn Rebeiro
Joining from the West Coast, finance presenter Carolyn began her journalism degree in Townsville and developed a passion for mining news after a FIFO stint in WA's Goldfields.

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