Magmatic Resources (MAG.AX) Osake Kurssi

Magmatic Resources Ltd. engages in the provision of mineral exploration. The company is headquartered in Nedlands, Western Australia. The company went IPO on 2017-05-19. The Company’s projects include the Wellington North Project, the Parkes Project and the Myall Project. The Wellington North Project covers the northern extension of the Molong Volcanic Belt. The Myall Copper-Gold Project covers the northern extension of the Junee-Narromine Volcanic Belt, located approximately 50 kilometers (km) north and along strike from the Northparkes copper-gold Mining District. The Myall comprises a single contiguous tenement of 244 square kilometers (EL6913) located within the Ordovician Narromine Igneous Complex, which is one of the many arc fragments that form part of the Junee-Narromine Volcanic Belt. The Parkes Project comprises two exploration licenses located within the Parkes Fault Zone, approximately 25 km south from Alkane’s Tomingley Gold Operations.