Magmatic Resources Limited (MAG) is a New South Wales-focused gold and copper explorer. In 2014, Magmatic completed the acquisition of an advanced gold-copper portfolio in the East Lachlan from Gold Fields Limited. The East Lachlan has an endowment of more than 80 million ounces of gold and 13 million tonnes of copper. Four main projects Wellington North, Parkes, Myall, Moorefield, identifying over 60 targets.