Fortescue Commits $3.5m for Myall Copper-Gold Hunt

Fortescue commits $3.5m for Myall copper-gold hunt

Magmatic Resources and Fortescue have agreed to a $3.5 million exploration budget at their Myall joint venture, with drills set to turn on the Calais prospect.

Break it Down: Fortescue commits $3.5M to fast-track Myall JV with Magmatic

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds. In this episode, host Tylah Tully looks at news from Magmatic Resources (ASX:MAG), which has locked in a $3.5 million exploration budget with joint venture partner Fortescue (ASX:FMG). The funds will be used at the joint ventured Myall project in New South Wales for drilling across FY25-FY26.  Watch the video to learn more.   While Magmatic Resources is a Stock…

Fortescue, Magmatic set budget for copper-gold play - Australian Mining

Fortescue and Magmatic Resources have agreed to a $3.5 million exploration budget for their Myall joint venture project.