Michael Gentile announces that he has filed an early warning report announcing the acquisition of an aggregate 13,955,000 common shares in the capital of Magna Terra Minerals Inc. in a private transaction. Prior to the completion of the Acquisition, Mr. Gentile beneficially owned or controlled, directly or indirectly, an aggregate of 2,660,000 Common Shares, representing approximately 3.20% of the Company's issued and [...]
Magna Terra Minerals Inc. is pleased to announce that Michael Gentile has acquired a 19.99% ownership stake in the Company via an open market share purchase. Mr. Gentile is considered one of the leading strategic investors in the junior mining sector, owning significant top five ownership stakes in over 20 small-cap mining and mining exploration companies. He is currently a director of Group Eleven Resources , Northern [...]
Magna Terra Minerals Inc. is pleased to announce that it has acquired via staking two additional mineral licences comprising 7,550 hectares expanding the Humber Copper-Cobalt Project located in western Newfoundland by 23%. The Humber Project is an exploration project focused on critical minerals and metals and now comprises 1,627 claims in 12 mineral licences covering a total area of 40,675 hectares . The Project is [...]
Magna Terra Minerals Inc. is pleased to announce that its partner, Gold Hunter Resources Inc. , has completed a comprehensive data compilation effort, and has initiated an exploration program at the Great Northern Project in western Newfoundland. Since acquiring the Project from Magna Terra, Gold Hunter has diligently completed a compilation of historic digital data from the Project, to add to that already completed by [...]
Magna Terra Minerals Inc. is pleased to announce that it has acquired via staking the Humber Copper-Cobalt Project located in western Newfoundland. The Humber Project is an exploration project focused on critical minerals and metals and comprises 1,325 claims in 10 mineral licences covering a total area of 33,125 hectares . The Project is underlain by rocks of the sedimentary Humber Arm Allochthon, which are host to [...]
Gold Hunter Resources Inc. , a Canadian exploration company focused on the acquisition, exploration, and development of precious & base metal projects, is pleased to announce that it has completed the acquisition of an option to earn a 100% undivided interest in the Great Northern and Viking Projects , located in the province of Newfoundland and Labrador, pursuant to the previously announced option agreement with Magna [...]
Magna Terra Minerals Inc. is pleased to announce that it has entered into a Purchase Option Agreement dated May 28, 2024 with Gold Hunter Resources Inc. for the sale of its Viking and Great Northern Project or in western Newfoundland, for gross proceeds of $9.5 million payable as a combination of cash and Gold Hunter common shares over a two year option period. "This is a fantastic outcome for Magna Terra and its [...]
Magna Terra Minerals Inc. is pleased to announce that pursuant to an option agreement with Opus One Gold Corporation regarding the Noyell Project , Magna Terra has received the fifth and final anniversary option payment of $200,000, which completes Opus One's requirements to earn a 100% ownership interest in the Noyell Project per the terms of the option agreement. About Magna Terra Magna Terra Minerals Inc. is a precious [...]
Magna Terra Minerals Inc. is pleased to announce through its 100% owned Argentine subsidiary Atala Resources S.A. , that Oroplata S.A. , a subsidiary of Newmont Corporation , has provided a detailed summary report of its 2023 exploration program undertaken to date on the Boleadora Project . In addition, Oroplata has made the third anniversary option payment of US$150,000 to Atala under the option agreement . Boleadora [...]
Magna Terra Minerals Inc. is pleased to announce that all resolutions proposed to shareholders at the annual and special meeting held today were duly passed. All the nominees listed in the management information circular for the meeting were elected as directors of the Company. Detailed results of the vote for the election of directors are set out below. Nominee Votes For % For Votes Against % Against Michael Byron [...]
Magna Terra Minerals Inc. is pleased to announce results of an exploration program completed in fall 2023 on its 100% owned flagship Great Northern Project , located in western Newfoundland. The exploration program comprised a 246-line kilometre drone magnetic survey, collection of 25 rock grab samples, and 1,388 B-horizon soil samples covering unexplored areas of the Project. The program was partially funded by the [...]
Magna Terra Minerals Inc. announces that the Company has filed the Technical Report entitled "NI 43-101 Technical Report and Mineral Resource Estimate on the Thor Gold Deposit, Viking Project, White Bay Area, Newfoundland, Canada" dated December 20, 2023 and with an effective date of October 24, 2023 . The Company engaged the services of Independent Qualified Persons Matthew Harrington, P.Geo., and Rochelle Collins [...]