Articles On Magmatic Resources (ASX:MAG)

Magmatic Resources (MAG) appoints a new Managing Director from Aurelia Metals, following the resignation of Peter Duerden Dr Adam McKinnon will step into the role during the first quarter of 2022, with an annual salary of $350,000 plus sho...

A program of shallow diamond drilling of around 2,000 metres is designed to test priority high-grade mine extension targets, whilst providing structural information for tracking mineralised lodes.

The company can now focus its activities on its three 100%-owned advanced gold/copper projects in the East Lachlan - the Myall, Wellington North and Parkes projects.

The webinar on Tuesday, September 21 will feature Australian Gold and Copper, Magmatic Resources and Sipa Resources.

East Lachlan is a world-class gold-copper province that hosts two of Australia’s largest gold-copper mines Magmatic is undertaking high impact drilling in Boda District north of Australia's largest gold producer - Cadia East Mine

The ASX 200 rose 0.41% to close at 7,535 while the ASX Emerging Companies Index gained another 1.36% to close at 2,362 points. All sectors were in the green except energy and utilities which lost 1.44% and 1.19%. The best performing sectors...

3D evaluation and compilation of previous exploration data at the historic gold field in Central West NSW have defined compelling potential for the discovery of new high-grade gold deposits.

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Is this what winning a trade war looks like? Chinese sanctions on our wine, coal and lobster pale in comparison to the mammoth prices being paid for Australian iron ore. In fact, the Aussie government could rake in an extra US$34 billion ($...

Odyssey Gold impresses with ‘significant visible gold’ in maiden drilling Great Boulder another WA winner with large-scale gold find Uranium play the outlier in a sea of WA gold Here are the biggest small cap resources winners in early...

The capital raisings boom on the ASX is continuing in 2021 with nearly $10 billion raised in the first four months of the year. Across 325 deals, ASX companies have raised $9.878 billion in capital amidst IPOs, placements and rights issues....

Summary Multistack International’s share price has been trending up since 6 April and has delivered a return of over 330%. Magmatic Resources’ share was up 16.6%, trading at the high of the day, at A$0.175. Firefly Resources’ stock ha...

The company is a NSW focused gold and copper explorer and the current diamond drill hole at Kingswood is designed to test the Northparkes porphyry lookalike target.

AUSTRALIAN Gold and Copper, which is being demerged from Lachlan Fold Belt explorer Magmatic Resources, is beginning its capital raising push.

Australian Gold and Copper (AGC) has launched its $10 million initial public offering bringing to the market three gold projects located on the best exploration address in NSW, the Lachlan Fold Belt, which is the 700km-long structure runnin...

Magmatic Resources (ASX: MAG) has provided its latest investor presentation ahead of company managing director, Peter Duerden's presentation at the Noosa Mining Conference on Friday 13 November at 1:30pm AEST. The Company invites investors...

Magmatic Resources (ASX: MAG) has provided an update to shareholders on the intended spin out and ASX listing of Australian Gold and Copper Ltd. HIGHLIGHTS:  Magmatic Resources Ltd (MAG) progressing well with the demerger of its Moorefiel...

Magmatic Resources (ASX: MAG) has provided its quarterly activities report for the period ended 30 September 2020. Exploration activity focused on Wellington North Project, Northern Molong Belt. RC and diamond drilling comprising 3195.8m...

Magmatic Resources (ASX: MAG) announced that Mr Tony Walsh has resigned as Company Secretary. Magmatic has appointed Ms Andrea Betti as company secretary, effective 26 October 2020. Ms. Betti is an accounting and corporate governance profe...

Recent ground magnetic surveys have produced high-resolution imagery aiding interpretation of the Lady Ilse district and have identified porphyry target zones.

Magmatic Resources (ASX: MAG) has provided an update on exploration activity at its 100% owned Wellington North Project, including results from a high resolution ground magnetic survey and the progress of diamond drilling at the Lady Ilse g...

Magmatic Resources (ASX: MAG) has provided its annual report for the year ended 30 June 2020. In his letter to shareholders, Magmatic executive chairman David Richardson said:  I am pleased to present the Company’s fourth annual report sin...

Magmatic has proposed to demerge its Moorefield Gold Project in the central Lachlan Fold Belt into its wholly-owned subsidiary.

Magmatic Resources (ASX: MAG) today announced that its wholly owned subsidiary, Australian Gold and Copper Limited (AGC) has entered into a binding term sheet to purchase two Central Lachlan gold/polymetallic projects from private company,...

Magmatic Resources (ASX: MAG) has provided an update on exploration activity at its 100% owned Wellington North project, including assays results from recent RC drilling and commencement of diamond drilling at the Lady Ilse gold-copper porp...

Magmatic Resources (ASX: MAG) has provided its quarterly activities report for the period ending 30 June 2020. HIGHLIGHTS:  Exploration activity focused on Wellington North Project, Northern Molong Belt. Diamond drill hole completed with...

Magmatic Resources (ASX: MAG) has provided an update on exploration activity at its 100% owned Wellington North Project, including the commencement of drilling activity at Boda North. HIGHLIGHTS:  Mobilisation of a second rig and commence...

The June 2020 quarter will go down in corporate folklore as the three months when COVID-19 caused havoc across the globe. But there was an unexpected silver lining at the junior end of the Australian resources sector, with a portfolio of ex...

Magmatic Resources (ASX: MAG) has provided investors with an operational update presentation for June 2020. Click here or on the image above to view the full announce...

Zenith Minerals has given shareholders plenty to smile about after the Perth explorer’s share price closed the week 28% per cent higher following a strong investor reception to high-grade, near-surface gold intersections from a maiden drill...

Magmatic Resources has commenced a 14-hole RC drilling program at the Lady Ilse gold-copper porphyry target, within the company's 100% owned Wellington North project in NSW. HIGHLIGHTS:  14-hole RC drilling program has commenced at Lady I...

Gascoyne Resources (ASX:GCY) could resume trading on the ASX after administrators recommended that unsecured creditors approve a deed of company arrangement (DOCA) as part of a broader recapitalisation and re-listing plan. Gascoyne, which o...

Celsius Resources (ASX: CLA) has picked up historic gold ground on the Lachlan Fold Belt of NSW that lies along strike from an adjacent recent discovery. Celsius will acquire 100% of the Cullarin West project from privately owned Syndicated...

A quick wrap of the key winners and losers on Wednesday, June 3. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day.   WINNERS Code Name Pr...

Magmatic Resources has announced the results of the maiden diamond drill hole and the resumption of drilling activity at the Lady Ilse District Gold‐Copper Porphyry Target.    HIGHLIGHTS: Maiden diamond drillhole at Lady Ilse has defined...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Magmatic Resources (ASX: MAG) has identified a large, drill-ready anomaly beneath shallow transported cover at the Boda North target in NSW. HIGHLIGHTS: IP geophysics has identified a large anomaly beneath shallow transported cover at the...

In March, COVID-19 prompted a substantial ‘correction’ which impacted most stocks on the ASX. The bourse has since recovered much of those losses, but with many countries around the world just starting to emerge from COVID-19 lockdowns the...

An extraordinary number of company-making, ‘frontier-type’ mineral discoveries have been made in Australia over the past six to eight months. These have been rerating events for companies, their shareholders, and even entire regions. In Sep...

Magmatic Resources (ASX: MAG) has provided investors with an operational update presentation. View the full announcement Permalink

Magmatic Resources (ASX: MAG) has advised that ongoing exploration at the company's 100% owned Wellington North project has highlighted additional priority gold‐copper porphyry targets along strike from Alkane’s Boda discovery. HIGHLIGHTS:...

Magmatic Resources (ASX: MAG) has provided its quarterly activity report for the period ending 31 March 2020. HIGHLIGHTS: Company continues focus on its East Lachlan projects.   Diamond drilling activity commenced at Lady Ilse district,...

Pacifico Minerals (ASX: PMY) has shown investors it will be ready to hit the ground running with a stronger base metals project once COVID-19 restrictions relax after bolstering its flagship Sorby Hills lead-silver-zinc project in WA's Kimb...

Magmatic Resources' (ASX: MAG) first diamond drill hole at the Lady Ilse District within the Wellington North Project (100% MAG) has been completed at 1014.8m depth, with assays due in late May 2020. HIGHLIGHTS: First diamond drill hole a...

Aus Tin Mining has inked a farm-in agreement over three exploration licences prospective for copper and gold within the Lachlan Fold Belt in New South Wales. The deal represents Aus Tin’s “renewed exploration focus” as the company bids to d...

COVID-19 has thrown a spanner in the works for many ASX-listed companies – unless you own a supermarket or an iron ore or gold mine – and it would be easy to respond to the pandemic by entering into a period of self-imposed hibernation. No...

Special Report: Ongoing review of historical work at the Big Hill target within the East Lachlan tenements that Sultan is acquiring has highlighted high-grade copper mineralisation at surface. Colossus Metals, which is currently being acqui...