Magmatic Resources Secures Key Gold Project in WA Goldfields

Magmatic Resources Limited (ASX: MAG) has completed Stage 1 of its acquisition of the Weebo Gold Project, strategically located in Western Australia’s prolific Yandal Greenstone Belt. The project spans 136 km² and comprises five exploration and one prospecting licence, with Stage 2 contingent on license renewals. This acquisition gives Magmatic access to a region flanked by major gold operations including Agnew-Lawlers, Thunderbox, and Bellevue. The Weebo Project includes a 50 km strike length of gold-rich terrain, and Magmatic has initiated mapping, sampling, and planned an air-core drilling campaign to identify high-potential zones. Additionally, the company holds a robust gold-copper portfolio in New South Wales, focused on the East Lachlan region—home to Tier 1 mines like Cadia and Northparkes. With exploration programs advancing across both states, Magmatic is well-positioned for a dynamic second half of 2025.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com