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Magnetic shifts focus to construction readiness at Lady Julie gold project

From miningweekly.com

ASX-listed Magnetic Resources said on Wednesday it is advancing its Lady Julie gold project in Western Australia toward development, with a new feasibility study confirming the project’s technical and economic viability and supporting a shift from exploration to construction readiness. The company said the feasibility study represents a material progression from its March 2024 prefeasibility study and the August 2024 economic update. The improvements reflect ongoing resource growth at the LJN4 deposit, refined understanding of ore characteristics, further metallurgical testing, and stronger gold price assumptions. ... (full story)

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  • Category: Fundamental Analysis