Magmatic Resources reported progress in its Wellington North, Myall, and Parkes projects in New South Wales.

Recent soil samples at Boda Southwest showed up to 0.92g/t gold, indicating potential for copper-gold deposits.

Aircore drilling at Lady Ilse targeted basement rocks, while approvals for Rose Hill reverse circulation drilling are secured, pending weather conditions.

Parkes Project will soon start on-ground activities, including geochemistry and geophysical surveys at Black Ridge, reverse circulation drilling at McGregors, and diamond drilling at Buryan.