Magmatic Resources (MagRes) is a gold and copper/gold porphyry exploration company, with interests in other base metals.
In 2016 a wholly-owned subsidiary of MagRes purchased 4 exploration projects (Gold, Gold/Copper porphyry and base metals) in East Lachlan, NSW, Australia from Gold Fields (world’s 7th largest Gold producer), with a fully operational exploration office in nearby Orange. Gold Fields owns 20% of MagRes.