Magma Metals Limited-Quarterly Report for the Period Ended 30 June 2010

Magma Metals Limited (TSX:MMW)(ASX:MMW) released its activities and cash flow report for the quarter ended June 30th, 2010.

The press release is quoted as saying:

Highlights of this report are In the Thunder Bay North Platinum Project, Ontario, a 47,172m infill diamond drilling program was completed in the mineral resource area. A resource estimate update based on 97,588m of drilling is in progress with expected completion in the September quarter, 2010. In the Griffins Find Gold Project, Western Australia, two shallow gold zones with resource potential were identified from drilling.

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