New Exploration Licence Granted at Moorefield Project

Magmatic Resources Limited (ASX: MAG) is pleased to announce the expansion of the Moorefield Project by 193km2 with the grant of a new exploration licence, EL8669 which is adjacent to our existing Moorefield tenement EL7675 to the east and south and covers possible extensions of mineralised trends at Carlisle Reefs and Pattons (Figure 1). The project now totals 481.5km2in a tightly held exploratio