Clear priorities for new listee

摘要

A portfolio of advanced nickel-copper-PGE projects in well-established mineral provinces in Australia and Canada are underpinning the new 6 million dollars resource IPO Magma Metals Ltd. The company - which is aiming to list on the ASX in June - will use the funds raised to rapidly launch aggressive exploration programs initially focusing on two advanced projects in the east Yilgarn and east Kimberley regions of Western Australia. They will also be spent on a PGE project located near the world-class Lac des lies palladium-platinum mine in the Thunder Bay region of north western Ontario, Canada.