Magna Terra Minerals Inc. is pleased to announce results of the 2022 geochemical sampling program at its flagship 100%-owned Great Northern Project , located in western Newfoundland. The geochemical sampling program comprised collection of 2,528 B-horizon soil samples at the Furnace and Jacksons Arm Gold Trends and has successfully identified six [...]
Magna Terra Minerals Inc. is pleased to announce that it has amended the option agreement on its 100%-controlled Hawkins Love Gold Project , located in Southern New Brunswick . The Amendment Agreement allows the Company to lower near-term cash and share issuance obligations while we continue to assess the potential for the Property to host gold [...]
Magna Terra Minerals Inc. is pleased to announce that it has commenced an exploration program at its flagship 100%-owned Great Northern Project , located in western Newfoundland. Great Northern is a proven gold environment with existing Mineral Resources and numerous untested gold trends over a cumulative 25+ kilometre strike. The Project is [...]
Magna Terra Minerals Inc. announces that it has entered into an Amendment Agreement regarding its Cape Spencer Project in southern New Brunswick. Under the original terms of the Cape Spencer option agreement, the Company could earn a 100% interest in the Cape Spencer Property by paying the Optionors a total of $300,000 in cash and $145,000 in [...]
Magna Terra Minerals Inc. announces that it has closed its non-brokered private placement of gross proceeds totalling $858,000. The Company has issued 4,450,000 Premium Flow-Through Units at a price of $0.14 per PFT Unit; and 2,350,000 Hard Dollar Units at a price of $0.10 per HD Unit. Each PFT Unit consisted of one flow-through common share of the [...]
Magna Terra Minerals Inc. is pleased to announce that it has initiated exploration on its 100%-controlled Hawkins Love Gold Project , located in Southern New Brunswick . The program includes prospecting and mapping of five new gold targets identified through soil geochemistry over an 8-kilometre strike . Project Highlights Quartz vein boulders [...]
Magna Terra Minerals Inc. announces that it has extended the final closing contemplated for its non-brokered private placement of gross proceeds up to $1.5 million to on or before July 29, 2022. On June 3, 2022, the Company announced that it had completed a first closing of the Offering for gross proceeds totalling $858,000 . The Offering consists [...]
Thorsen-Fordyce Merchant Capital Inc. , a corporation controlled by Lewis Lawrick, the President and CEO of Magna Terra Minerals Inc. announces that it acquired, on June 3, 2022, a total of 1,400,000 units of Magna Terra, with each Unit being comprised of one common share and one-half of one common share purchase warrant , with each Warrant [...]
Magna Terra Minerals Inc. is pleased to announce that it has completed a first closing of its non-brokered private placement of gross proceeds totalling $858,000. In this initial closing, the Company has issued 4,450,000 Premium Flow-Through Units at a price of $0.14 per PFT Unit; and 2,350,000 Hard Dollar Units at a price of $0.10 per HD Unit [...]
Magna Terra Minerals Inc. is pleased to provide a brief update regarding its non-core exploration portfolio in Santa Cruz Province, Argentina.Through its wholly owned subsidiary Atala S.A. , the Company is pleased to confirm receipt of payment of the second installment owing from Oroplata S.A. a subsidiary of Newmont Corporation for the purchase of [...]
Magna Terra Minerals Inc. would like to provide an update to its press release dated May 2, 2022 regarding its non-brokered Private Placement. Subject to all regulatory approvals, the Company intends to complete a non-brokered Private Placement of gross proceeds up to $1.5 million . The Offering will consist of a combination of Premium Flow-Through [...]
Magna Terra Minerals Inc. announces that the Company has filed updated Technical Report entitled "NI 43-101 Technical Report and Mineral Resource Estimate on the Cape Spencer Gold Deposit, Saint John County, New Brunswick, Canada" dated April 29, 2022 and with an effective date of January 23, 2019 and "NI 43-101 Technical Report and Mineral [...]