• Welcome to Magmatic Resources

    Gold and Copper exploration

Magmatic Resources Limited’s (MAG)  is an Australian focused mineral exploration company with 5  projects in two of Australia’s most prosperous mining jurisdictions.

East Lachlan, NSW:

East Lachlan is Australia’s largest Gold/Copper porphyry region and 2nd largest Gold region and is home to  many major mines and deposits including:

  •  Australia’s largest gold mine Cadia Valley 100 Moz gold equivalent (43 Moz gold and 8.2 Mt copper resource @ ASIC USD$274/oz),
  • Northparkes mine (2.8 Mt copper and 2.9 Moz gold resource),
  • Cowal mine (8 Moz gold resource).

MAG purchased 4  gold, copper, and base metals exploration projects in 2016 from Gold Fields (worlds 7th largest gold producer). Gold Fields maintain a 20% shareholding in MAG.

Gold Fields and MAG have spent in excess of $16m on exploration on these projects and past 10 months exploration results include the discovery of a new and expansion of 2 other large near surface gold targets:

  • Boxdale-Carlisle Reefs 15km near surface Gold Trend, see ASX announcement 4 December 2017
  • Lady Ilse Gold- Copper discovery: 10km target under thin cover, see ASX announcement 19 February 2018
  • MacGregors 2km mineralised near surface gold trend, see ASX announcement 20 March 2018

With a liaison office in Tokyo Japan, MAG has a Joint Venture (JV) on our Parkes project with the Japanese government resources agency Japan Oil Gas Metals National Corporation (JOGMEC).

Laverton-Yamarna, WA:

In March of 2018 MAG agreed to purchase the Mt Venn Copper, Nickel and Cobalt project from Montezuma Mining Company Ltd.

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