Magmatic divesting Central Lachlan belt ground into IPO company

MAGMATIC Resources is putting some of its Lachlan Fold Belt ground into a proposed new ASX listing called Australian Gold and Copper that will also hold tenure in the region vended-in by private explorer New South Resources, run by Glen Diemar.

Magmatic divesting Central Lachlan belt ground into IPO company Magmatic divesting Central Lachlan belt ground into IPO company Magmatic divesting Central Lachlan belt ground into IPO company Magmatic divesting Central Lachlan belt ground into IPO company Magmatic divesting Central Lachlan belt ground into IPO company

Magmatic busy in the East Lachlan, NSW

Magmatic will keep its East Lachlan gold and gold-copper porphyry projects near Alkane Resources' Boda discovery (and in the same belt as Newcrest Mining's Cadia projects), while AGC will