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Podcast: Company Interviews
Episode: Magnetic Resources (ASX:MAU) - Strategic 2Moz Gold Discovery Draws Major Interest in Laverton Belt
Description: Interview with George Sakalidis, Managing Director of Magnetic ResourcesRecording date: 20th December 2024Magnetic Resources (ASX: MAU) has emerged as a significant player in Western Australia's gold sector with a major discovery in the Laverton region, approximately 300km north of Kalgoorlie. The company has delineated nearly 2 million ounces of gold since staking the ground in 2017, achieved through an extensive drilling campaign comprising 170,000 meters across 1,900 holes.The company's flagship Lady Julie North 4 deposit currently hosts 1.5 million ounces, with a resource upgrade expected in January. Recent drilling results have been particularly impressive, featuring high-grade intercepts...