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Magmatic rolls Corvette out of the garage

ONE year and 14 deep diamond drillholes into its drilling at the Corvette-Kingswood target, within New South Wales’ Lachlan Fold Belt, and Magmatic Resources has been able to deliver a maiden copper equivalent resource of 354,000 tonnes grading 0.33%.

Haydn Black
Recent drilling at Corvette

Recent drilling at Corvette

So far, a single hole has intersected the adjacent Kingswood deposit but, with 13 holes into Corvette, Magmatic has calculated a starting resource of 110Mt grading 0.27% copper, 0.07 grams per tonne gold...

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