Magna Terra Minerals Inc. is pleased to announce that it has received the first anniversary option payment from Gold Hunter Resources Inc. for the Great Northern Project in Newfoundland, per the Option Agreement dated May 28, 2024, as amended on June 10, 2024 . Under the terms of the Agreement, Magna Terra has received a cash payment of $450,000, along with 35,211,267 common shares of Gold Hunter prior to the anniversary [...]
Magna Terra Minerals Inc. is pleased to announce that it has commenced its inaugural exploration program at its 40,675-hectare, 100% owned Humber Copper-Cobalt Project located in western Newfoundland . The Company has initiated a 2,377 line-kilometre airborne geophysical survey. The helicopter-borne survey will comprise a systematic, property-wide, time-domain electromagnetic and horizontal magnetic gradiometer survey and [...]
Magna Terra Minerals is pleased to announce that it has initiated a first phase exploration program on its recently acquired Rocky Brook Project. Ongoing digital compilation of historical exploration data has resulted in the identification of the Boudreau Brook Trend - a 15 kilometre long zone of coincident airborne electromagnetic conductivity and anomalous Cu-Zn-Co rock and soil samples. The Boudreau Brook Trend [...]
Magna Terra Minerals Inc. is pleased to announce exploration plans for 2025 on the 40,675-hectare, 100% owned Humber Copper-Cobalt Project located in western Newfoundland . Exploration will comprise systematic, property-wide airborne magnetic and electromagnetic surveying , geochemical sampling, prospecting, and geological mapping with a focus on identifying the source of anomalous copper , cobalt , lead , silver [...]
Magna Terra Minerals Inc. announces through its 100% owned Argentine subsidiary Atala Resources S.A. , that it has retained the large Boleadora Project from Oroplata S.A. , a subsidiary of Newmont Corporation . Boleadora encompasses ~55,000 hectares in 12 exploration licenses located 17 kilometres southeast along strike from Newmont's Cerro Negro mine along the Margaritas-Boleadoras Corridor, the host to both projects [...]
Magna Terra Minerals Inc. is pleased to announce that it has acquired additional claims at the Rocky Brook Project , located in the prolific Bathurst Mining Camp of northern New Brunswick. Importantly the additional claims are located immediately adjacent to the Caribou Mine and Mill Property. The additional 6 mineral claims covering 1,590 hectares were acquired under the existing Fossil Hill-Boudreau Brook option [...]
Magna Terra Minerals Inc. today announces that it has filed an early warning report in respect of Gold Hunter Resources Inc. . On March 11, 2025, Gold Hunter announced the closing of a private placement raising total gross proceeds of $1,706,199.92, resulting in the issuance of 28,436,665 Units at a price of $0.06 per Unit . Each Unit consists of one Gold Hunter common share and one-half of one transferable Gold Hunter [...]
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 that it has optioned a large strategic exploration land package; the Restigouche Property adding significant additional scale and exploration upside to its Rocky Brook Project , located in the prolific Bathurst Mining Camp of northern New Brunswick. Restigouche comprises approximately 6,605 hectares in 24 mineral claims, located adjacent to and along strike from the Murray [...]
Magna Terra Minerals Inc. is pleased to announce that it has completed a second and final closing of its non-brokered flow-through private placement of gross proceeds totalling $273,000, to complete the full private placement of total gross proceeds of $500,000 . The Offering consisted of an issuance of 3,166,667 premium flow-through common shares of the Company at a price of $0.09 per share and an issuance of 2,687,500 [...]
Magna Terra Minerals announces a further update to its previously announced flow-through financing of gross proceeds totalling $500,000. The full private placement of total gross proceeds of up to $500,000 will now consist of an issuance of up to $285,000 of premium flow-through common shares of the Company at a price of $0.09 per share for an issuance of up to 3,166,667 premium flow-through common shares; and an issuance [...]
Magna Terra Minerals Inc. is pleased to announce that it has completed an initial closing of its flow-through financing of gross proceeds totaling $227,000. The full private placement of total gross proceeds of up to $500,000 will consist of an issuance of up to $325,000 of premium flow-through common shares of the Company at a price of $0.09 per share for an issuance of up to 3,611,111 premium flow-through common shares [...]
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