Magnetic Resources company info

What does Magnetic Resources do?
Magnetic Resources (ASX:MAU) is an Australian gold exploration and development company with a portfolio of high-grade gold projects in the Laverton gold region of Western Australia. The company's flagship project is Lady Julie, which hosts a JORC-compliant Mineral Resource of 1.5 million ounces of gold at 2.3 grams per tonne gold. Magnetic Resources is also exploring the Hawks Nest and Homeward Bound South projects, which have the potential to host significant gold deposits. Magnetic Resources' operations consist of exploration and development activities at its various projects. The company's exploration activities involve drilling, geophysics and geological mapping to identify and assess potential gold deposits. The Company's development activities involve conducting feasibility studies, obtaining permits and approvals, and constructing and operating mines.
Magnetic Resources company media
Company Snapshot

Is Magnetic Resources a public or private company?

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Ownership
Public

How many people does Magnetic Resources employ?

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Employees
6

What sector is Magnetic Resources in?

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Sector
Materials

Where is the head office for Magnetic Resources?

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Head Office
Perth, Australia

What year was Magnetic Resources founded?

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Year Founded
2006
What does Magnetic Resources specialise in?
/Gold /Mining /Metals /Resources /Western Australia /Explorer

What are the products and/or services of Magnetic Resources?

Overview of Magnetic Resources offerings
Lady Julie Gold Project: High-grade shallow gold deposit with a JORC-compliant Mineral Resource of 1.5 million ounces of gold at 2.3 grams per tonne gold.
Hawks Nest Gold Project: High-potential gold project with multiple drill targets identified.
Homeward Bound South Gold Project: Large-scale gold project with potential to host a significant gold deposit.
Exploration for gold in the Laverton gold region of Western Australia: Magnetic Resources has a large tenement portfolio in the Laverton gold region, one of the most prolific gold regions in Australia.
Development of gold projects into production: Magnetic Resources is focused on advancing its Lady Julie project to production and continuing to explore its other projects for new gold discoveries.
Gold production: Magnetic Resources aims to become a leading gold producer in the Laverton gold region.

Who is in the executive team of Magnetic Resources?

Magnetic Resources leadership team
  • Mr. George  Sakalidis B.Sc., BSc(Hons), MAusimm
    Mr. George Sakalidis B.Sc., BSc(Hons), MAusimm
    MD & Director
  • Mr. Benjamin Patrick Donovan A.C.I.S., B.Com., B.Comm (Hons)
    Mr. Benjamin Patrick Donovan A.C.I.S., B.Com., B.Comm (Hons)
    CFO, Company Secretary & Non-Executive Director