Magmatic Resources' Peter Duerden speaks to Proactive soon after announcing that 3D evaluation and compilation of previous exploration data at the historic Bodangora gold field has defined 'compelling potential' for discovery of new high grade gold deposits. High grade gold mining occurred at the gold field with recorded production of 230,000 ounces @ 26g/t Au between 1869-1917. He says a drill program is now being planned to test for extensions to the main zones of previous mining.
Magmatic Resources sees strong exploration potential at Bodangora Gold Field District