Magnolia Resources Limited (ASX:MGB) is an Australian based exploration company established with the purpose of acquiring, exploring and developing mineral deposits in Australia and overseas.

Magnolia has acquired a 100% interest in the Oldham Range Project which comprises a granted Exploration Licence covering approximately 142 km2. The Oldham Range Project is located in central Western Australia approximately 320km northeast from Wiluna and is considered prospective for a range of commodities including base metals, nickel, uranium and gold mineralisation.

The Company's aim is to generate Shareholder value through exploring and advancing the Oldham Range Project, and also intends to pursue acquisition and investment opportunities to secure new projects in the resources sector both in Australia and overseas.

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(08) 9322 7600
First Floor, 35 Richardson Street,
West Perth WA 6005