Magna Mining Inc. is pleased to provide an update on the 2024 exploration activities and corporate initiatives. 2024 Exploration Plan and Resource Update Magna resumed diamond drilling on January 3, 2024, after a brief pause over the holiday season. Currently there are two drills turning at the Crean Hill Project, with one of the drills testing [...]
Magna Mining Inc. announces that it has granted a total 250,000 stock options to purchase common shares of the Company to certain officers and employees pursuant to the Company's Stock Option Plan. Such Options are exercisable into common shares of the Company at an exercise price of $0.47 per common share for a period of five years from the date [...]
Magna Mining Inc. is pleased to announce the appointment of Jeff Huffman to the full-time position of Chief Operating Officer, effective today. Jason Jessup, Chief Executive Officer of the Company, stated, "We are excited to be able to announce the appointment of Jeff Huffman as our COO. Like many of the existing executives at Magna Mining, Jeff [...]
Magna Mining Inc. announces that it has granted a total of 2,281,000 stock options to purchase common shares of the Company to certain officers, employees and consultants pursuant to the Company's Stock Option Plan. Such Options are exercisable into common shares of the Company at an exercise price of $0.44 per common share for a period of three [...]
Magna Mining Inc. is pleased to provide an update on the 2023 exploration program. This year to date, Magna has completed 17,618 m of drilling, comprising 89 diamond drill holes, at the Crean Hill Project . The Company has also completed a surface UTEM 5 geophysical program and several borehole EM geophysical surveys at the Company's properties [...]
Magna Mining Inc. is pleased to announce the appointment of Grant Thornton LLP, Chartered Professional Accountants, as auditor of the Company, effective October 12, 2023. The resignation of Baker Tilly WM LLP, Chartered Professional Accountants, as auditor of the Company, was not the result of any reportable event . In accordance with the [...]
Magna Mining Inc. is pleased to release additional assay results from the ongoing 2023 diamond drilling program. Drilling continues to intersect high grade nickel mineralization in the 105 Footwall Zone including drillhole MCR-23-040 which intersected 4.2% Ni, 0.9 % Cu, 1.4 g/t Pt + Pd + Au over 7.0 metres. Highlights from the new assay results [...]
Magna Mining Inc. is pleased to announce that, further to its news release dated July 31st, 2023, it has filed a Preliminary Economic Assessment, in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects, for the Company's 100%-owned Crean Hill project. The technical report, titled "Preliminary Economic Assessment [...]
Magna Mining Inc. is pleased to release additional assay results from the ongoing 2023 diamond drilling program at the Crean Hill Nickel Project . A portion of the assay results today represent confirmation of a shallow zone of massive sulphides in the vicinity of MCR-22-005 . This is one of the areas that the Company is planning to include as part [...]
Magna Mining Inc. announces that it has granted an aggregate 915,800 options to acquire common shares of the Company to certain directors and officers pursuant to the Company's stock option plan. The Options are exercisable at an exercise price of $0.58 per share for a period of five-years from the date of grant. About Magna Mining Inc. Magna is an [...]
Study Demonstrates Base Case 15 Year Mine Life and Significant Potential Synergies with the Shakespeare Project Magna Mining Inc. is pleased to announce the successful completion of its Preliminary Economic Assessment by Stantec on its 100% owned Crean Hill Nickel Project located in Sudbury, Ontario, Canada. The Base Case scenario for the PEA [...]
Magna Mining Inc. is pleased to release additional assay results from the ongoing 2023 diamond drilling program. Drilling continues to intersect high grade nickel mineralization in the 101 Footwall Zone and in a footwall zone between the 101 and 109 FW Zones, referred to as the 105 FW Zone, which intersected 6.0% Ni, 2.2 % Cu, 5.8 g/t Pt + Pd + Au [...]