Magmatic Resources Limited has commenced a follow-up reverse circulation drilling campaign at the Weebo gold project in Western Australia to test lateral and depth continuity across key prospects.

The company acquired the Weebo asset in July 2025 and has since completed multiple phases of drilling across the tenement package. The current field campaign follows previous scheduling outlined by Magmatic Resources in late August 2026, advancing operations directly into active ground work.

Drilling is underway at the Otto 2 prospect to determine lateral geologic and grade continuity across a 200-metre strike length of the mineralised target. Operations will then shift to Ockerburry 3 to test the depth extents of mineralised structures in bedrock extending beneath a large 550-metre by 100-metre body of supergene gold mineralisation defined in earlier drilling. In addition, maiden reverse circulation holes are planned at Scone Stone West to assess the orientation of local mineralisation.

“This RC drilling program builds on the last round of Weebo RC drilling with the potential to deliver discoveries. At Otto 2, lateral geologic and grade continuity for 200m along strike of this larger gold mineralised target is being drill tested. At Ockerburry 3, the potential for mineralised structures in bedrock extending beneath a large (550m x 100m) body of gold supergene mineralisation defined in previous drilling by Magmatic is being investigated. Magmatic anticipates reporting RC drilling results in September and October 2026.”

— David Richardson, Managing Director

Activity across the broader district is also progressing, with Augustus Minerals Limited recently reported drill results at the Clifton East prospect within the Music Well Gold Project, intersecting 8 metres at 3.27 grams per tonne gold from 72 metres. Magmatic anticipates reporting initial assay results from its current campaign across September and October 2026.

Read the full announcement: Weebo Project Follow up RC Drilling Commenced