Magmatic Resources Limited is an Australia-based copper and gold exploration company, with interests in other base metals. The Company's subsidiary holds interest in various projects, such as Myall Project, Wellington North Project, Parkes Project and Moorefield Project. The Myall Project consists of one granted exploration license being, exploration license (EL) 6913 and covers approximately 240 square/kilometers. The Myall project covers volcano intrusive complexes in the East Lachlan. The Parkes Project consists of two granted exploration licenses, being EL7424 and EL7676 and covers approximately 160 square/kilometer. The Wellington North Project consists of three granted exploration licenses, being EL6178, EL7440 and EL8357, covering approximately 180 square/kilometer. The Moorefield Project consists of one granted exploration license, being EL7675, covering approximately 290 square/kilometer.