ASX:FMGMetals and Mining
Will Fortescue's (ASX:FMG) New Myall Joint Venture Exploration Redefine Its Growth Narrative?
Magmatic Resources announced that drilling has commenced at its Myall farm-in and joint venture project in New South Wales, following FMG Resources' (a Fortescue subsidiary) commitment of an A$3.5 million work program budget for exploration during the 2025-2026 financial year.
This move underscores Fortescue's ongoing pursuit of advanced mineral opportunities and highlights the company's use of joint ventures to expand its exploration footprint.
We'll now examine how Fortescue's new...