Magna Terra Minerals Inc. is pleased to announce the offering of a non-brokered private placement of up to 15,000,000 units for up to $750,000 . Each Unit is priced at $0.05 and consists of one common share and one half of one common share purchase warrant . Each whole Warrant entitles the holder to purchase one common share at a price of $0.10 per Warrant Share for a period of until two years following the closing of [...]
Luna Roja Project and Piedra Negra Projects to be tested with 17 holes and 2,000 m of drilling Magna Terra properties and Santa Cruz endowment Luna Roja collar proposals, trenching, IP lines and Au rock chips Soil Au raster with composite chargeability and Au rock chips Piedra Negra geological map and Au rock chips Piedra Negra collar proposals over IP resistivity map Executive Summary: The company has conducted extensive [...]
Magna Terra Minerals is pleased to announce that it has completed the sale of 10 million common shares of Northern Superior Resources at a price of $0.04 per share, for gross proceeds of $400,000. The Company sold the shares to Thorsen Fordyce Merchant Capital, a company related to the President of Magna Terra in a transaction facilitated through the TSX Venture Exchange at the then asking price. This transaction is a [...]
Magna Terra Minerals is pleased to provide an update on its exploration activities in Santa Cruz Province, Argentina. Our main activities concentrated on generating drill targets from geophysical surveys carried out during 2017. The geophysical program, included 21-line kms of ground magnetometry, 3-line kms of induced polarization at Gertrudis, and 7.5-line kms of CSAMT at El Meridiano. Analysis of all new data at El [...]
Magna Terra Minerals is pleased to update on its exploration activities in Santa Cruz Province. Exploration activity in 2017 on 24 properties defined by 7 distinct land packages totaling over 100,000 hectares. Activities were concentrated in Q3 and Q4 when geophysical surveys were completed on 5 projects including Piedra Negra, Covadonga, El Meridiano, Gertrudis, and La Rosita; as well as a 696-sample soil program at [...]
Further to the press release dated September 8, 2017, Magna Terra Minerals is pleased to announce that the Company, its subsidiary, Atala Resources Argentina SA and Renaissance Gold have closed their Amending Agreement which modifies their existing property acquisition agreement. The Amending Agreement terminates certain rights RenGold retained for future cash payments in the event of Atala raising cumulative equity [...]
Magna Terra Minerals Inc. is pleased to announce that historic data including rock chip samples, chip channels and Induced Polarization have been recompiled, and re-analyzed resulting in the definition of a new low sulphidation vein project which, the Company is currently evaluating for the next phase of exploration. The Signos Project is located in the Santa Cruz Province of Argentina, on the Northern edge of the Deseado [...]
TORONTO, ONTARIO--(Marketwired - Sep 19, 2017) - Magna Terra Minerals Inc. ("Magna Terra" or the "Company") (TSX VENTURE:MTT)(SSE:MTTCL) is pleased to announce that historic data including rock chips, soils, trench samples and Induced Polarization ("IP") have been recompiled, and re-analyzed, resulting in a refined drill plan for implementation in 2018. The Luna Roja Project ("Luna Roja" or the "Project") is located in [...]
TORONTO, ONTARIO--(Marketwired - Sep 14, 2017) - Magna Terra Minerals Inc. ("Magna Terra" or the "Company") (TSX VENTURE:MTT)(SSE:MTTCL) is pleased to announce that it's common shares have been accepted for trading on the Bolsa de Comercio de Santiago (the "BCS"), the stock exchange based in Santiago, Chile under the trading symbol MTTCL commencing today. The TSX Venture Exchange has a formal working relationship with the [...]
TORONTO, ONTARIO--(Marketwired - Sep 8, 2017) - Magna Terra Minerals Inc. ("Magna Terra" or the "Company") (TSX VENTURE:MTT) is pleased to announce that the Company, its subsidiary, Atala Resources Argentina SA ("Atala") and Renaissance Gold Inc. ("RenGold") have agreed (the "Amending Agreement") to amend their existing property acquisition agreement. The Amending Agreement terminates certain rights RenGold retained for [...]
TORONTO, ONTARIO--(Marketwired - Sep 7, 2017) - Magna Terra Minerals Inc. ("Magna Terra" or the "Company") (TSX VENTURE:MTT) is pleased to announce the appointment of Dennis Logan to the Board of Directors of the Company and his appointment as Chair of the Audit Committee. Mr. Lew Lawrick, President & CEO of Magna Terra commented: "The Company is very pleased to bring Dennis Logan aboard. His experience as a CPA and in [...]
TORONTO, ONTARIO--(Marketwired - Sep 6, 2017) - Magna Terra Minerals Inc. ("Magna Terra" or the "Company") (TSX VENTURE:MTT) is pleased to announce the initiation of a geophysical program which covers five projects. The projects being advanced are Piedra Negra, Covadonga, El Meridiano, La Rosita and Gertrudis. The Piedra Negra Project is located approximately 25 km N-NE of the Cerro Vanguardia gold mine (AngloGold [...]