Highlights
ASX: MAU       MAGNETIC RESOURCES NL
Last Price Today's Change   Day's Range   Trading Volume
0.55   +0.03 (5.77%)  0.485 - 0.55  5,274

Overview

 
Avg Volume (4 weeks):76,855
4 Weeks Range:0.485 - 0.55
4 Weeks Price Volatility (%):
100.00%
52 Weeks Range:0.12 - 0.55
52 Weeks Price Volatility (%):
100.00%
Average Price Target:-

Headlines



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Business Background

Magnetic Resources NL is an Australia-based mineral exploration company. The Company is engaged in exploring mineral tenements in Western Australia. The gold tenements held by the Company include Mount Jumbo EL38/3100 and P38/4201 (approximately 20 square kilometers (sq.km)), Kowtah P39/8694-8697 and P39/5617 (nine sq.km), Hawks Nest E38/3127 (approximately 150 sq.km), Mertondale E37/1258 (over 80 sq.km) and Christmas Well P37/8687-8694 (approximately 10 sq.km). Its projects also include Nambi E37/1303, Raeside E37/1304, Raeside East P37/8905-08, Braiser P37/8909-12 and Trigg P37/8913-21. The Mount Jumbo gold rich shear straddles EL38/3100 and ELA38/3127, and totals over 1.3 kilometers in length. The Mount Jumbo and Hawks Nest tenements are approximately 10 kilometers and 20 kilometers north of the Wallaby deposit, respectively. The Company holds a retention license over the Jubuk projects. The Company holds a royalty over gold rights at Lake Seabrook E70/2935.

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