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Piracanjuba North Mineralisation Footprint Expands with Strong REE Results, Diamond Rig Arrives for Further Testing

Date/time : 2026-07-07 07:25 PM
Symbol :

MGU

Company : MAG MINING FPO [MGU]
Price : 0.008
Market cap : 6,500,000
O/S : 809,361,403
Exchange :

AU

Industry :

Industrial Metals

Full story

ASX Release reports growing mineralisation footprint at Piracanjuba North, with elevated DTREO, DMREO, DTbDy assays across targets PN1, PN4, PN6. Desorption results show potential for large-scale, high-value magnet REE ionic adsorption clay prospect. Arrival of diamond rig for further testing.