Results Include 5.0% Cu, 0.7% Ni, and 12.8 g/t Pt+Pd+Au Over 15.2 Metres
July 8, 2024, Sudbury, Ontario, Canada – Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to announce additional diamond drilling results and provide an update on the surface advanced exploration bulk sampling in the 109 Footwall (FW) Zone.
Highlights from the new assay results include:
109 FW Zone
MCR-24-087: 5.0 % Cu, 0.7% Ni, 12.8 g/t Pt + Pd + Au over 15.2 metres
Including, 11.7 % Cu ,1 .0% Ni, 5.8 g/t Pt + Pd + Au over 5.2 metres
MCB-24-080: 0.6 % Cu, 0.2% Ni, 20.2 g/t Pt + Pd + Au over 15.1 metres
MCB-24-082: 2.6 % Cu, 0.7% Ni, 13.2 g/t Pt + Pd + Au over 6.4 metres
Jason Jessup, CEO of Magna Mining commented, “The exploration drilling results announced today continue to highlight the high-grade copper and precious metals found in the 109 Footwall Zone. These intersections are within 200 metres of surface and could be incorporated into early test mining. I am also excited to report that we have started the process of extracting the 20,000 tonne surface bulk sample from our 109 Footwall Zone. Our mining contractor, ADLP, (a partnership between Atikameksheng Anishnawbek, Wahnapitae First Nation and Technica Mining) has begun drilling the blast holes, and initial site work is underway to commence dewatering of the underground workings. The Magna operations team, led by our COO Jeff Huffman, has done a fantastic job working with ADLP to perform the risk assessments and planning to ensure seamless and safe execution. We are on track to accomplish our development milestones and growth objectives in the second half of 2024.”
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https://magnamining.com/magna-mining-reports-high-grade-copper-results-from-the-crean-hill-project-and-commences-surface-advanced-exploration/ |