Magnetic Resources Nl
ASX:MAU ISIN:AU000000MAU6
Magnetic Resources NL (ASX:MAU) is an Australia-based company. During the fiscal year ended June 30, 2008 (fiscal 2008), the principal activities of the Company were the exploration of mineral tenements in Western Australia. The Company was incorporated to explore for mineral resources on the package of tenements prospective for gold, nickel and uranium and covering some 6,704 square kilometers of unexplored or underexplored targets, which includes 330 kilometers of interpreted, under-explored greenstone belts. The operations of the Company include Dragon Rocks, Mt Vernon, Dampling Spring, Koonadgin, Rock Dam Hill, Nungarin, Harris, Tampia North and Binti Bore.
News
In line with previous announcements (ASX releases 25 June 2008 and 14 July 2008) Magnetic Resources (ASX:MAU) has applied for several new tenements covering major magnetic anomalies in the southern wheat belt region of WA. The new tenements cover areas of strong magnetic response south of Quairading, north of Lake Grace and around Dumbleyung and are known as JUBUK, JUROPIN ROCK, TARIN ROCK NORTH and COORAN HILL.
Magnetic Resources (ASX:MAU) Announce Quarterly Report For the Quarter Ended 30 June 2008
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