Magma Metals is pleased to provide its activities and cash flow report for the quarter ended December 31, 2011. Field activities included drilling and geophysical surveys at the Thunder Bay North platinum-palladium-copper-nickel project in north-western Ontario, Canada. These activities and plans for further exploration work are described in this [...]
Magma Metals is pleased to provide an update on its exploration activities at the Thunder Bay North platinum-palladium-copper-nickel project and its regional exploration program in northwest Ontario, Canada. Wide-spaced drilling has returned encouraging results, including 5m @ 3.76g/t Pt+Pd, 0.77% Cu & 0.32% Ni, up to 1km east of the mineral [...]
Magma is pleased to advise that a Communications Protocol has been signed with the three First Nation communities most closely associated with Magma's Thunder Bay North project. The Protocol, negotiated between Magma and the First Nation Communities of Fort William First Nation, Red Rock Indian Band and Biinjitiwaabik Zaaging Anishinaabek [...]
Magma is pleased to advise that it intends to spin-out its West Australian gold projects in a new gold focused exploration company, to be named Greenstone Metals Limited), subject to completion of commercial and legal agreements and relevant approvals. The decision by Magma to transfer its Lake Grace, Griffins Find, Laura River, Roe and Mt Jewell [...]
Magma is pleased to provide its activities and cash flow report for the quarter ended September 30, 2011. Activities included drilling programs at the Thunder Bay North platinum-palladium-copper-nickel project in north-western Ontario, Canada. These activities and plans for further exploration work are described in this report.