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 [...]
Magna Mining Inc. is pleased to release additional assay results from a series of short, near surface drillholes immediately beneath the surface exposure of the 109 Footwall Zone. The surface expression of this high grade PGM zone has been identified as a potential site for an exploration bulk sample in late 2023, which could be processed through a [...]
Magna Mining Inc. is pleased to announce the results of its Annual & Special Meeting of Shareholders held on June 9th. Each of the matters is described in greater detail in the Notice of Annual & Special Meeting of Shareholders and the accompanying Management Information Circular dated May 11th, 2023 . At the Meeting, the shareholders approved the [...]
Including 5.9% Ni, 2.0 % Cu, 12.4 g/t Pt + Pd + Au Over 3.2 m Magna Mining Inc. is pleased to release initial assays from a series of short, near surface drillholes immediately beneath the surface exposure of the 109 Footwall Zone. The assay results reported wide, high- grade intercepts including 0.7% Ni, 0.6% Cu, and 8.7 g/t Pt + Pd + Au over 31 m [...]
Magna Mining Inc. is pleased to announce additional assays results from the ongoing diamond drilling program at Crean Hill. Results include assays from five drillholes completed on the G1 Zone, a narrow embayment structure at the Sudbury Igneous Complex contact, approximately 1000 metres east of the Crean Hill Main Zone , and one additional [...]
Magna Mining Inc. , is pleased to announce the appointment of Ann-Marie Finney to the full-time position of Chief Financial Officer, effective today. Derrick Weyrauch, a co-founder of Magna and former Chief Financial Officer, will remain a director of the company. Jason Jessup, Chief Executive Officer of the Company, stated, "We are delighted to [...]
High-Grade, near Surface Intercepts Reported in the 109 Footwall Zone, Including 2.4% Ni, 4.3 % Cu, 37.2 G/t Pt + Pd + Au over 5.1m Magna Mining Inc. is pleased to release the first assays received from the 2023 diamond drilling at the Company's 100% owned Crean Hill Mine in Sudbury, Ontario. Results have been received for the first three [...]
Further High-Grade Intercepts Reported from 101 Footwall and Intermediate Zones Magna Mining Inc. is pleased to announce additional assay results from the remaining November 2022 diamond drilling program at the Company's 100% owned Crean Hill Mine in Sudbury, Ontario. Results have been received for five holes drilled into a near-surface area of the [...]
Magna Mining Inc. is pleased to announce that drilling has confirmed a new zone of near surface sulphide mineralization approximately 1000 metres east of the Crean Hill Main Zone . To date, four holes have been completed and have intersected disseminated to locally semi-massive sulphides within a narrow embayment structure at the Sudbury Igneous [...]
Magna Mining Inc. is pleased to announce that it has closed its previously announced "best efforts" private placement of an aggregate of 8,236,914 common shares of the Corporation that will qualify as "flow-through shares" of the Income Tax Act at a price of $1.815 per Charitable Flow-Through Share for aggregate gross proceeds of approximately [...]
