• Magnadon is a large magmatic intrustion in the Gregory Subbasin that is prospective for copper/gold, lead/zinc and PGE’s.

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• The anomaly is the size of the Mornington Peninsula and has the potential to become a mineral province.

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• URO is completing geophysical modelling of the project with aims to progress into geophysics in 2026 and drilling in 2027.