Magnetic Resources (ASX:MAU) said recent drilling within the planned open pit at the Lady Julie North 4 deposit, part of the Lady Julie gold project in Western Australia, returned thick intersections, according to a Tuesday Australian bourse filing.
It encountered intersections of 149.4 meters at 1.24 grams per tonne from 145.6 meters, as well as 33 meters at 2.06 g/t from 238 meters.