Magnetic Resources NL (ASX:MAU)

George Sakalidis
MD
Market Cap (AUD): 320.81M
Sector: Materials
Last Trade (AUD): 1.43 +0 (+0%)
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1. About

Magnetic Resources NL (ASX:MAU) aims to discover significant ore bodies which offer viable commercial off-take. These discoveries are made primarily utilising the Company's unique skills in ground magnetics and soil geochemistry.

Assets

The Company has 261 km2 of prospective exploration tenements in the Laverton region and 213 km2 in the Leonora Region. The tenements are within 10-15km of operating gold mines of Dacian and Goldfields. Magnetic Resources's priority projects are:

  • Hawks Nest 9
  • Lady Julie
  • Homeward Bound South

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk