• Phase 2 drilling underway at Weebo Gold Project in Western Australia
• Drilling to focus on advanced targets at Scone Stone and Ockerburry
• Air-core drilling planned for early-stage Scholl's Find and Sir Samuel targets

Magmatic Resources Ltd has announced the commencement of a Phase 2 drilling program at the Weebo Gold Project in the Eastern Goldfields region of Western Australia. The new campaign follows a successful Phase 1 drilling program focused on advanced targets at Scone Stone and Ockerburry. At Scone Stone, 10 holes of Reverse Circulation (RC) drilling for 1,580 metres are planned, including five lines of holes designed to test the interpreted high-grade east dipping structure defined in September over 200 metres of strike. At Ockerburry, prospects 1, 2 and 3 will be tested, with 17 holes of RC drilling for 1,740 metres planned at Prospect 3 targeting a 'supergene' gold discovery from September air-core drilling. An additional 2,000 metres of air-core drilling will target numerous other 'supergene' gold mineralised areas at Ockerburry. At Scholl's Find and Sir Samuel, a further 2,000 metres of first-pass air-core drilling will focus on surface geochemical and surface working areas. The Company has also appointed a full-time Weebo Project geologist as Project Manager to guide the Company's activities on site.