Magnetic Resources NL is a mid tier gold developer focused on the development of the Lady Julie Gold Project in Laverton, WA. This is a first class global mining jurisdiction with resources and production over 30Moz.
Total Lady Julie Gold Project resource is now 39.1Mt @1.78g/t Au for 2.24 Moz
Lady Julie North 4 Deposit resource has grown to 34.6Mt @1.8 g/t Au for lady2.03Moz Au
Total Laverton resources grew to 44.15 Mt@1.70g/t Au for 2.42 Moz Au
The company is developing the Lady Julie Gold project in an established mining province in Laverton. Magnetic have made this incredible discovery and we are now pursuing the development of this asset.
Definitive feasibility results ( UPDATED August 2025 )
9 years
Life of Mine
19.8Mt @ 1.72g/t gold for 1,095koz
Mining Physicals
2.75Mt
Plant Capacity
91.9%
Metallurgical Recovery
1,095,000oz
Total Production
122,000oz p.a.
Average Production
$2231M
EBITDA (LOM)
$970M
NPV (Pre-tax)
$375M
Pre-Production Capital Cost
45%
IRR (pre-tax)
A$1,908oz
All In Sustaining Cost
2.5 years
Payback Period
