PERTH, WESTERN AUSTRALIA — (Marketwire) — 02/24/12 — Magma Metals Limited (TSX: MMW)(ASX: MMW) ("Magma" or the "Company") reports the release of the following letter from its Chairman, Max Cozijn.Dear Shareholder,By now you are probably aware that Panoramic Resources Limited ("Panoramic") has announced an unsolicited takeover offer for your shares in Magma Metals Limited (the "Offer").You will shortly be receiving Panoramic-s formal Offer document, ca
PERTH, WESTERN AUSTRALIA — (Marketwire) — 02/03/12 — Magma Metals Limited (TSX: MMW)(ASX: MMW) ("Magma" or the "Company") notes that Panoramic Resources Limited ("Panoramic") (ASX: PAN) has today announced its intention to make a conditional offer to acquire all of the Magma shares it does not currently own (the "Offer").The proposed Offer consideration is 2 Panoramic shares for every 17 Magma shares held, which according to Panoramic-s announcement i
PERTH, WESTERN AUSTRALIA — (Marketwire) — 10/06/11 — Magma Metals Limited (TSX: MMW)(ASX: MMW) ("Magma" or the "Company") is pleased to advise that it has exercised its option to purchase the Beaver Lake claim at its Thunder Bay North (TBN) platinum-palladium-copper-nickel (Pt-Pd-Cu-Ni) project in Ontario.The Beaver Lake claim (Figure 1) covers the underground mineral resource, the newly defined eastern extension to the underground mineralization (refer Magma ASX announc
HIGHLIGHTS Thunder Bay North Platinum-Palladium Project, Ontario – A 14,000m drilling program is in progress to extend the mineral resource to the southeast. Early results are encouraging and included: BL11-390: 15.5m @ 4.88g/t Pt+Pd, 0.72% Cu & 0.37% Ni from 378m, including: 8m @ 6.81g/t Pt+Pd, 0.97% Cu & 0.47% Ni from 380m; BL11-393: 14m @ 4.72g/t Pt+Pd, 0.78% Cu & 0.43% Ni from 401.7m, including: 6m @ 5.47g/t Pt+Pd, 0.96% Cu & 0.53% Ni from 409.7m. Lake Grace Gold Project, Wes
PERTH, WESTERN AUSTRALIA — (Marketwire) — 07/18/11 — Magma Metals Limited (TSX: MMW)(ASX: MMW) ("Magma" or the "Company") is pleased to provide an update on the Griffins Find gold project, located 320km southeast of Perth in Western Australia.HighlightsLake Grace Gold ProjectMagma has applied for exploration licences covering an area of approximately 7,000km2, to be called the Lake Grace gold project, to the north and south of the Griffins Find gold project (Figure 1). T
