PRECIOUS METALS

Magmatic spin-out cashing in on Lachlan Fold Belt interest

AUSTRALIAN Gold and Copper, which is being demerged from Lachlan Fold Belt explorer Magmatic Resources, is beginning its capital raising push.

Historical workings at Carlisle Reefs

Historical workings at Carlisle Reefs

Magmatic will remain focused on its prospective East Lachlan porphyry gold-copper projects, in New South Wales, and will hold 6% of AGC, with its shareholders expected to own around 24% after an in-specie...

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