Magmatic Resources Limited

Magmatic Resources Limited (ASX:MAG) is an advanced Gold, Copper and Base Metals exploration company with four projects located in New South Wales. The company has inherited a portfolio of more than 40 prospective targets from Gold Fields. The company's main objective is to undertake drilling programs which specifically target the near surface Gold opportunities, initially focusing on close to surface/outcropping Gold targets that are both near toll treatment and have the potential to be open pit & advance its 3 Copper-Gold porphyry projects.