Magmatic Resources Completes Drilling Program at Western Australia Project; Shares Rise 6%

MT Newswires Live

2025/09/30

Magmatic Resources (ASX:MAG) completed a 3,192-meter drilling program at the Weebo gold project in Western Australia, according to a Tuesday filing with the Australian bourse.

The results are expected within two weeks, the filing said.

The company plans subsequent air-core and reverse circulation drilling at the project in November, the filing added.

Shares of the company rose 6% in recent Tuesday trade.

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