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Magnetic Resources NL (ASX:MAU)

ALERT: Price-sensitive ASX Announcement for MAU
Current share price for MAU : $1.850 0.565 (43.97%)+
Announcement
Release
12 Jan 2026 8:25AM
Price at Release
$1.285
Full Release
download
Summary
The document from Magnetic Resources NL highlights the significant potential to extend the LJN4 deposit through recent drilling activities. Multiple intersections have shown promising results with high-grade gold, providing valuable insights into the deposit's expansion potential. The geological data gathered indicates substantial mineralization, which could enhance the resource base. This development is part of Magnetic Resources NL's continued exploration and development efforts in their key tenement areas. The information reflects ongoing assessments to better understand and optimize the resource potential of the LJN4 deposit.
Key Points
  • Multiple intersections indicate potential to extend the LJN4 deposit.
  • High-grade gold intersections found in recent drilling.
  • Significant mineralization data supports expansion potential.
  • Part of Magnetic Resources NL's exploration efforts.
  • Ongoing assessments to optimize resource potential.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.