CAPITAL MARKETS

Shares up 36% as Thunder Bay results impress

MAGMA Metals’ hopes have been buoyed with the latest round of drilling results from the company’s flagship Thunder Bay North project in Canada. Meanwhile the market responded to the news with Magma’s share price gaining more than 36% in intraday trading.

Charlotte Dudley

Shares up 36% as Thunder Bay results impress

As part of the company’s ongoing winter drill program at the platinum-palladium project, Magma’s 20-hole round turned up encouraging results, including discoveries measuring 39 metres at 4.41 grams per...

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