HomeThe Magnet North project is located immediately north of Mt Magnet, the oldest surviving gold settlement in the region, and covers a total area of 165km2. The project contains numerous exciting prospects, including the Lake Prospect, located on the north shore of Lake Austin (10km southeast of Cue). Doray progressed the grant of the two exploration licence applications during the June 2010 quarter. Given the results of drilling on Silver Lake Resources’ nearby Lena-Leviticus-Numbers prospects, immediately adjacent to Doray’s Magnet North property, the Company views this project as a highly significant opportunity for discovery of further high-grade mineralisation.
