Magmatic Resources Limited (ASX:MAG)

Unlocking high-potential gold and copper discoveries in world-class mining regions

About Us

Magmatic Resources Limited is an Australian-focused mineral exploration company targeting gold and copper deposits in the richly endowed East Lachlan region of New South Wales. With a strong portfolio of projects near major mining operations, the company aims to deliver significant value through strategic exploration and discovery.

Company Overview

Magmatic Resources Limited is a copper and gold exploration company focused on unlocking the mineral potential of Australia’s East Lachlan region, one of the country’s most prolific mining belts. The company holds a highly prospective portfolio of projects strategically located near world-class mining operations, including Cadia Valley and Northparkes. Leveraging modern exploration techniques and deep geological expertise, Magmatic is committed to advancing its projects through systematic exploration and drilling programs aimed at major discoveries.

With a clear focus on creating long-term shareholder value, Magmatic Resources combines strong technical capability with a disciplined approach to capital management and strategic partnerships. The company’s vision is to be a leading junior explorer delivering tier-one discoveries that contribute to Australia’s critical minerals future, while maintaining high standards of environmental stewardship and community engagement.

Board & Management

David Berrie

David Berrie

Non-Executive Chairman

David has a track record of building companies by focussing on exploration success. He was part of the Board and Management team which led to the A$1.2 billion hostile takeover of Summit Resources Limited by Paladin Energy Limited and the friendly takeover of Fusion Resources Limited, once again, by Paladin. His 30 years’ mining experience includes executive roles with Western Mining and BHP. Prior to this David was a solicitor with the Mining Sections at Clayton Utz.

David Richardson

David Richardson

Managing Director

David has over 30 years international experience in corporate strategy, international project development, strategic partnering, and finance, including 15 years in Asia with companies such as Pacific Dunlop and Amcor. Most recently he spent 10 years in venture capital in Japan and Australia, before founding Magmatic Resources in 2014.

Malcolm Norris

Malcolm Norris

Non-Executive Director

Malcolm Norris is a senior mining industry professional with extensive experience in business management, asset transactions and exploration, with a focus on porphyry copper-gold discovery and development. Mr Norris has been involved in several world-class discoveries, including the Tujuh Bukit deposit in Indonesia and the Cascabel deposit in Ecuador. He was also involved in the early drill phase of the Tampakan deposit in the Philippines. Recently he has led the Sunstone Metals discoveries at Bramaderos and El Palmar in Ecuador. Mr Norris is Non-executive Chairman of Sunstone Metals Ltd and his previous experience included 23 years with WMC Resources, and Managing Director roles of Sunstone Metals and London listed SolGold. He holds an MSc in Geology and a Masters in Applied Finance.

Christine Nicolau

Christine Nicolau

Non-Executive Director

Christine Nicolau is Group Manager Corporate Portfolio Management focusing on driving governance, management and administration of Fortescue’s interests via directorships across various Fortescue internal and external strategic growth subsidiaries spanning both Energy and Metals. In her previous role of Metals General Manager LATAM, Ms Nicolau coordinated Fortescue’s minerals business in Latin America, including exploration and project development. Ms Nicolau has been with Fortescue since 2010 and during this time has held a range of management positions, including Manager Corporate Development from September 2015 to 2018.

Magmatic Resources Limited

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