Magnetic Resources (ASX:MAU) Announce 70Km Of Potential Iron Targets Shown Up By New Aeromagnetics And Drilling Commence

  Perth, Australia, Jan 5, 2010 - (ABN Newswire) - Magnetic Resources (ASX:MAU) announce a large 4628km detailed aeromagnetic survey employing 100m and 200m line spacings covering 650sq km has been recently completed and a preliminary interpretation has shown up five main Target Areas covering 70km of potential iron formations.Target 1 encompasses the Jubuk outcropping BIF which covers a strike length of 1.4km and forms a prominent hill.  

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