Kristie Batten: Fortescue-backed Magmatic making moves in two major gold fields

Kristie Batten: Fortescue-backed Magmatic making moves in two major gold fields

One of Australia’s top mining journalists, Kristie Batten, writes for Stockhead every week in her regular column placing a watchful eye on the movers and shakers of the small cap resources scene. Magmatic Resources (ASX:MAG) has a foothold in two highly prospective Australian regions and is increasingly confident of making a tier one discovery. Until recently, the company was focused on New South Wales, but in August, completed the low-cost acqu…