Magna Mining Inc.

Magna Mining Inc. is pleased to provide an update on the 2024 exploration activities and corporate initiatives. 2024 Exploration Plan and Resource Update Magna resumed diamond drilling on January 3, 2024, after a brief pause over the holiday season. Currently there are two drills turning at the Crean Hill Project, with one of the drills testing deep footwall targets . Two geophysical platform holes , totalling 2895 m have [...]

Magna Mining Inc. announces that it has granted a total 250,000 stock options to purchase common shares of the Company to certain officers and employees pursuant to the Company's Stock Option Plan. Such Options are exercisable into common shares of the Company at an exercise price of $0.47 per common share for a period of five years from the date of grant. The Options vest 1/3 immediately and 1/3 annually thereafter. All [...]

Magna Mining Inc. is pleased to announce the appointment of Jeff Huffman to the full-time position of Chief Operating Officer, effective today. Jason Jessup, Chief Executive Officer of the Company, stated, "We are excited to be able to announce the appointment of Jeff Huffman as our COO. Like many of the existing executives at Magna Mining, Jeff was an integral part of the team at FNX Mining, so his experience, knowledge [...]

Magna Mining Inc. announces that it has granted a total of 2,281,000 stock options to purchase common shares of the Company to certain officers, employees and consultants pursuant to the Company's Stock Option Plan. Such Options are exercisable into common shares of the Company at an exercise price of $0.44 per common share for a period of three years from the date of grant. The Options vest 1/3 immediately and 1/3 [...]

Magna Mining Inc. is pleased to provide an update on the 2023 exploration program. This year to date, Magna has completed 17,618 m of drilling, comprising 89 diamond drill holes, at the Crean Hill Project . The Company has also completed a surface UTEM 5 geophysical program and several borehole EM geophysical surveys at the Company's properties. Data from these geophysical surveys is currently being interpreted and could [...]

Magna Mining Inc. is pleased to announce the appointment of Grant Thornton LLP, Chartered Professional Accountants, as auditor of the Company, effective October 12, 2023. The resignation of Baker Tilly WM LLP, Chartered Professional Accountants, as auditor of the Company, was not the result of any reportable event . In accordance with the requirements of NI 51-102, the reporting package relating to the appointment of [...]

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 105 Footwall Zone including drillhole MCR-23-040 which intersected 4.2% Ni, 0.9 % Cu, 1.4 g/t Pt + Pd + Au over 7.0 metres. Highlights from the new assay results include: 105 FW Zone MCR-23-040: 4.2% Ni, 0.9 % Cu, 1.4 g/t Pt + Pd + Au over [...]

Magna Mining Inc. is pleased to announce that, further to its news release dated July 31st, 2023, it has filed a Preliminary Economic Assessment, in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects, for the Company's 100%-owned Crean Hill project. The technical report, titled "Preliminary Economic Assessment of the Crean Hill Project, Sudbury, Ontario Canada", and dated September [...]

Magna Mining Inc. is pleased to release additional assay results from the ongoing 2023 diamond drilling program at the Crean Hill Nickel Project . A portion of the assay results today represent confirmation of a shallow zone of massive sulphides in the vicinity of MCR-22-005 . This is one of the areas that the Company is planning to include as part of the advanced exploration and test mining program in 2024. Two [...]

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 exploration and development company focused on nickel, copper and PGM [...]