The 4,000-hectare Maule site is located 300km south of Santiago and adjoins the 100,000-hectare Pellado base.
Together the locations encompass the Mariposa Geothermal Reservoir upon which Magma previously reported an inferred resource of 320 megawatts (MW).
Magma is currently drilling the second of five slim hole wells in the Mariposa Reservoir. The first drilling in 2009 uncovered temperatures greater than 200°C at a depth of approximately 650 metres.
The
