Magmatic Resources Advances Weebo Gold Exploration with Follow-Up Drilling
Source: Kapitales Research
Magmatic Resources Limited (ASX: MAG) is preparing a follow-up Reverse Circulation drilling campaign at its 270-square-kilometre Weebo Project in Western Australia. Drilling is scheduled to begin between late August and early September 2026, targeting the Otto 2 and Ockerburry 3 prospects while also delivering the first RC holes at Scone Stone West.At Otto 2, the program will investigate the continuity of previously identified gold mineralisation, including intercepts of 6 metres at 1.96 g/t gold and 3 metres at 3.67 g/t gold. Ockerburry 3 drilling will test a modelled plunging high-grade gold shoot, supported by earlier results including 1 metre at 19.40 g/t gold.Scone Stone West will test a northeast-trending gold anomaly associated with interpreted regional structures and favourable geological boundaries. The campaign could provide important information on the scale, orientation and continuity of mineralisation across the broader Weebo Project.
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.au
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Magmatic Resources Advances Weebo Gold Exploration with Follow-Up Drilling
Magmatic Resources Limited (ASX: MAG) is preparing a follow-up Reverse Circulation drilling campaign at its 270-square-kilometre Weebo Project in Western Australia. Drilling is scheduled to begin between late August and early September 2026, targeting the Otto 2 and Ockerburry 3 prospects while also delivering the first RC holes at Scone Stone West.At Otto 2, the program will investigate the continuity of previously identified gold mineralisation, including intercepts of 6 metres at 1.96 g/t gold and 3 metres at 3.67 g/t gold. Ockerburry 3 drilling will test a modelled plunging high-grade gold shoot, supported by earlier results including 1 metre at 19.40 g/t gold.Scone Stone West will test a northeast-trending gold anomaly associated with interpreted regional structures and favourable geological boundaries. The campaign could provide important information on the scale, orientation and continuity of mineralisation across the broader Weebo Project.
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.au