Here's a list of many of the wands you "zap" (make use of ) to cast a magic spell in the game. Where moer than one spell is listed zapping will cast all of them at the same time! There are more to find so keep exploring!

Thanks to Latharia and Oyg for providing this info.

Learn more about the magical items in the game 

Wand Location* Level* Wand
Level**
Wand
Charges**
Spell
Level**
Spells Flags**
 anemone's tentacle      59 44   poison  
 Arrow of Sagittarius      21 10  11   lightning bolt  glow, magic, anti-evil
 arrow of truth  caverns of the skull  13/1        lightning breath, -2 str  
 Ashen [1]  High Tower of Sorcery 96/89         cause critical  
 betony leaf  Kerofk 26/7   22 1  sleep  
 black rod  High Tower of Sorcery 85/21         dispel evil  
 black rune covered rod  coven 79/75         fire breath  
 black wand  mystic castle 61/61  62  6 61   energy drain  hum, dark
black wand inlaid with gold symbols  underdark 36/30   35 15  30   faerie fog hum 
 Blackened [1]  High Tower of Sorcery 83/70         fireball  
 blood shot eye  underdark 15/21         flamestrike  
 blue lyre  monastery 30/36   32 3 35   fly hum 
 bolts  sea singer shop 7/10         chain lightning  
 book of dragons  (T) bookstore owner 18/18         fireball  
 clump of hemlock  Kerofk 25/6   22  blindness  glow
 combat wand  traveller’s inn (delic) 50/64  50  66   Combat mind  
 cone of incense  citadel of overlords 53/41         armored sphere  
 Crossbow of poison [2]  IOPL 39/36   36 36   poison  
 Crystal [1] ??? 57/43         dispel door  
 dark metal [1]  Berzenzak 20/40         giant strength  
 demon’s amulet  Astral Plane 19/26         energy drain, -1 int, -1 wis  
 dull grey stone     (none)  
 dusk of basil  Kerofk  26/9 22  10   bless  
 elemental wand of fire  Elemental Canyon 6/1   burning hands  glow
 elemental wand of lightning  Elemental Canyon 4/9   shocking grasp glow 
 elemental wand of wind and air  Elemental Canyon 4/2   Tornado glow 
 emerald green wand  mystic castle 64/60  60  59   Dispel door glow,hum 
 evil eye  IOPL 40/46  38  15  45   sleep evil, magic 
 fern seed   Kerofk 26/4  23   invis  
 Figurine - black dragon  Hell 52/54         Weaken, +350 mv  
 Figurine - blue dragon Hell  53/54         faerie fire, +350 mv  
 Figurine - green dragon Hell  53/55         gas breath, +350 mv  
 Figurine - nightmare Hell  52/55         Teleport, +300 mv  
 Figurine - red dragon Hell  53/54         mass invis, +350 mv  
 Figurine - white dragon Hell  53/54         acid blast, +350 mv  
 Figurine - winged horse Hell  52/54         Summon, +250 mv  
 Fire [1] haven  16/16         burning hands, +2 str  
 fire gem underdark  20/21  23 5 21  fireball  glow, magic
 fiery wand     27 2 24  fire breath glow 
 flames  circus 97/9         pyromania  
 geiger counter hell  49/52  51 11 53  remove curse glow 
 gem of gate     23 6 35  teleport hum, evil, magic 
 ghost stone IOPL   34/41 34  40   pass door magic 
 handfull of needles circus  97/59         needlestorm  
 henna hair dye New Atlantis 5/4         change sex  
 hollyphant tusk  Yggdrasil 10/9   10 16  11   dispel evil  glow, anti-evil
 horn of life  Mahn-tor 38/31  38  29   cure light magic 
 holy staff     40   bless anti-evil 
 icicle  IOPL 40/40 41  40   frost breath magic 
 Invisibility [1]  K-keep shop 10        ???  
 lightning bolt  mythical castle    41 38   lightning bolt  glow, hum
 lodestone  Elemental Canyon 5/11 13  10   magic missile  
 Magic [1] New Mega City One 8/38        general purpose  
 magical barrier breaking stick      12 24   Dispel door  magic
 manual of protection  (T) bookstore owner  20/1       armor   
 marble rod with a white hot tip  camelot 16/41   17 39   charm person  glow, dark, magic, nodrop, anti-good
 merlin's staff  camelot 56/41  59  40   dispel magic, +10mana, -3 save vs spell  glow, hum, dark, invis, magic, nodrop, anti-dwarves
 Metal [1]  High Tower of Sorcery 84/20         energy drain  
 mirror  dangerous neighborhood 9/19         blindness  
 mummy's pin  rumania 57/50   57 51   protection  dark
 nullifier orb IOPL  40/40  30  40   dispel magic dark 
 obsidian sphere New Atlantis 9/19         visiosphere  
 octopus ink      69  invis  
 painting  Kerofk 24/10  22  10   cure critical  magic, anti-evil
 pair of chopsticks     15  12   Protection sphere  
 panda flute  ark 32/80  34  81   charm person  glow, hum, nodrop
pipe      26  29   dispel evil bless 
 platinum wand eastern desert   13/29 16  11  31   magic missile hum 
 prism  Dwarven Catacombs 20/12         color spray  
 prism of bending  freeport 51/51   60 50   invis  dark, invis, magic
pumice stone New Atlantis  13/12         cure blindness  
Reddish [1] mystic castle  ???         ???  
rod of fire  highlands 45/48   48 49   Flamestrike, +1 int, -1 con, +5 hitroll  dark
royal tiger paw  ark/flood 37/21  37  20   haste  
Silent translucency     10  15   pass door  nodrop
small wand  kobold village 1/5   Snake to stick  
spray paint can  hood 5/12         color spray  
stick of meditation      52 71   Dispel door  
sun wand     36  26  35   harm  glow, magic
tooth necklace lost valley  84/86         Portal, + wis, +4 int  
travel brochure  (T) bookstore owner 18/9         teleport  
unholy symbol  hell 50/54   50 18  53   cure poison  
violet amethyst  New Atlantis   11/11         spectral steed  
wand of fire      19-20 15   burning hands  glow
wand of lure      47 4 62   Domination  
wand with githyanki writings  Astral Plane  18/23        lightning bolt  
white glove kerofk  2/15         identify  
white wand mystic castle  59/61   62 60   invis  
white wand  parliament 72/69         acid blast  
willow branch      32 20   Entangle  magic
wooden stick  High Tower of Sorcery 85/20         bless  
yellow tooth  monastery 38/16  38  16   invis glow 

 

* info provided by Latharia       ** info prpvided by Oyg

 

 

[1] Larathia misses "wand" of the end of the name

[2] Oyg just calls this "crossbow"