Magmatic Resources Reports High Grade Gold Intersections at Weebo Project.

Magmatic Resources Limited (ASX: MAG) has announced impressive results from its maiden drilling program. Drilling at the Ockerburry prospect confirmed extensive shallow gold mineralisation along a five-kilometre-long fault zone, with standout intersections such as 12m @ 5.13 g/t Au and 8m @ 7.60 g/t Au from 66 metres. At the Scone Stone prospect, drilling also revealed strong results, including 10m @ 2.55 g/t Au with 5m @ 5.24 g/t Au from 57 metres.

These findings indicate high potential for both shallow and primary gold mineralisation. Positioned among five multi-million-ounce gold mines, Weebo represents a key exploration asset for Magmatic. Follow-up RC and air-core drilling is scheduled for November to further define mineralized zones and test deeper targets, underscoring the project’s growing significance within the region’s gold corridor.

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