AI assistant
MAGMATIC RESOURCES LIMITED — Investor Presentation 2021
Apr 15, 2021
65290_rns_2021-04-15_745df68b-aab1-434b-91c2-9446c6efbe6c.pdf
Investor Presentation
Open in viewerOpens in your device viewer
==> picture [514 x 48] intentionally omitted <==
16 APRIL 2021
Broker Briefing – Investor Webinar
-
Magmatic Resources Ltd (MAG) to present at Broker Briefing Webinar
-
Wednesday 21 April 2021 at 11:30am (AEST)/ 9:30am (WST)
Magmatic Resources (‘MAG’, the ‘Company’) is pleased to invite shareholders and investors to attend the Broker Briefing Mining, Resources and Energy Investor Webinar on Wednesday 21 April 2021, which will feature video presentations from three ASX-listed companies.
Date: 21 April 2021
Time: 11:30am (EST) / 9:30am (WST)
Presenter: Managing Director, Peter Duerden, presenting at 11:30am (EST) / 9:30am (WST).
The Company invites shareholders, investors, and media to participate in this digital event by registering online via the link below:
https://zoom.us/webinar/register/5516183811421/WN_BNG4ucEeQk256Qi_A1BYgg
Participants will be able to submit questions via the panel throughout the presentation, however, we encourage shareholders and investors to send through questions via email beforehand to [email protected]
==> picture [521 x 32] intentionally omitted <==
About Magmatic Resources (ASX:MAG)
Magmatic Resources Ltd (ASX: MAG) is a New South Walesfocused gold and copper explorer that listed on the ASX in May 2017.
In 2014, Magmatic completed the acquisition of an advanced goldcopper target portfolio in the East Lachlan from Gold Fields Limited. Gold Fields had completed a major phase of target generation across four main projects (Wellington North, Parkes, Myall, Moorefield), identifying over 60 targets.
The East Lachlan has an endowment of more than 80 million ounces of gold and 13 million tonnes of copper (Phillips 2017). It is most famous for Newcrest Mining’s world class gold-copper porphyry cluster at
==> picture [314 x 367] intentionally omitted <==
MAG East Lachlan Project Location Map (Resources from Phillips 2017)
Cadia Valley District, where currently the Cadia East Mine represents Australia’s largest gold mine and one of the world’s most profitable gold producers (Newcrest 2019). In addition, the Northparkes copper-gold porphyry cluster (China Molybdenum/Sumitomo, CMOC 2019) and Cowal Epithermal Deposit (Evolution Mining, Evolution 2018) represent other significant long-life mining operations.
The recent Boda porphyry discovery by Alkane Resources Ltd (ASX ALK 9 September 2019) has highlighted the value of Magmatic’s dominant surrounding tenure position in the northern Molong Belt, in what is emerging as a significant gold porphyry discovery hotspot. The Boda discovery has highlighted the surface signature of porphyry mineralisation in the area and has significantly upgraded Magmatic’s target portfolio for Boda-style and Cadia East-style porphyry gold-copper mineralisation.
The Company also holds a strategic position in the Parkes Fault Zone (Parkes Project), immediately south from Alkane’s Tomingley Gold Operations and recent Roswell and San Antonio discoveries.
The company holds a major shareholding in ASX listed central Lachlan focused explorer Australian Gold and Copper Limited (ASX:AGC).
2
Authorised for release by: Peter Duerden, Managing Director
For further information: Peter Duerden Managing Director Magmatic Resources Limited +61 8 9322 6009 [email protected] www.magmaticresources.com
For media enquiries: Jane Morgan Director Jane Morgan Management +61 405 555 618 [email protected]
3