Magmatic Resources has executed one of the most broad-based junior exploration pushes in WA’s Eastern Goldfields, completing Phase 2 drilling across a suite of targets at its Weebo project.
Rather than adopting a single-target strategy, the company has advanced multiple prospects in parallel, an approach aimed at rapidly building a district-scale understanding of Weebo’s gold systems.
At Scone Stone, Magmatic completed 10 reverse circulation (RC) holes for 1622m, including five drill lines testing a high-grade east-dipping structure first defined in September 2025. The program extends over 200m of strike and is expected to underpin detailed geological modelling.
The Ockerburry prospect area was another major focus. Prospect 3 saw 17 RC holes for 1949m, following up a ‘supergene’ gold discovery made during last September’s air-core campaign. Across Prospects 1–4, the company also drilled 24 air-core holes for 2029m to assess additional shallow mineralised positions.
“Our rapid progress in Western Australia since acquiring the Weebo gold project continues, with the Phase 2 drilling program now complete,” Magmatic Resources managing director David Richardson said.
“Following RC drilling at the advanced Scone Stone and Ockerburry prospects, we will have detailed information to
enable geological modelling of the mineralisation.”
Magmatic also broadened its search footprint, completing 3925m of first-pass air-core drilling at the Scholl’s Find, Sir Samuel and Wheel of Fortune prospects.
These early-stage targets were selected based on surface geochemical anomalies and historical workings, setting the stage for potential new zones of interest in future drilling phases.
“We have also undertaken initial air-core drilling at the early-stage Scholl’s Find, Sir Samuel and Wheel of Fortune prospects at Weebo, which will hopefully provide our WA exploration team with follow-up targets for the next phase of drilling,” Richardson said.
All samples have now been submitted for laboratory analysis and the results will be shared with shareholders.
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