Investor catalyst roadmap
The next milestone: SGS bench-scale metallurgy.
Reporting of the SGS bench-scale results is the next milestone, after results reconciliation and technical review. SGS bench work covers seven geological samples from four auger holes plus one quality-control duplicate. Leach liquor, two separately analysed washes and residue were tested.
No numerical results from this programme are disclosed here. An optimised flowsheet and commercial recovery have not been established; timing and outcomes are not guaranteed.
Next evidence milestone
From exploration grades to SGS process-development results.
Reporting of the SGS bench-scale results is the next milestone, after results reconciliation and technical review.
- 01 · COMPILED EVIDENCE25 SEPTEMBER CUTOFF
879 assay holes
The combined assay compilation covers 879 holes and 7,468.8 assayed metres at the 25 September 2026 cutoff. It includes prior results and complete or partial assay coverage; it is not all-new drilling or gross physical drilling.
- 02 · NEXT MILESTONEAFTER RECONCILIATION + REVIEW
SGS bench-scale results
SGS bench work covers seven geological samples from four auger holes plus one quality-control duplicate. Leach liquor, two separately analysed washes and residue were tested.
- 03 · PROCESS DEVELOPMENTRESULT-DEPENDENT
Extraction, impurities and mass balance
Assess the feed, leach liquor, separate washes and residue alongside reagent and filtration records to guide the next work.
- 04 · LATER EVIDENCE GATESNO NEW DATE PROMISED
Resource, product and economics
Further exploration, representative metallurgy and engineering must support any subsequent resource, product or economic conclusions.
No numerical results from this programme are disclosed here. An optimised flowsheet and commercial recovery have not been established; timing and outcomes are not guaranteed.
Historical study targets · 8 September 2026
The issued 8 September disclosure targeted maiden resource estimates before end-2026 and a PEA in H1 2027, subject to results and required work. The October update does not freshly restate those dates; they must not be read as a new October commitment.
Read the dated September disclosureFollow the evidence
Get the next Magnes results.
Request future announcements or return to the Investor Centre for current ownership, funding context and source documents.