The Crean Hill Project is Fully Permitted For Advanced Exploration and Test Mining Magna Mining Inc. is pleased to announce the receipt of the Crean Hill Permit to Take Water . Magna received confirmation that the Permit to Take Water for the Crean Hill Project has been approved by the Ministry of Environment, Conservation and Parks . This is the final permit required to enable dewatering of the existing mine workings and [...]
Magna Mining Inc. is pleased to provide additional drilling results from the 2024 exploration program at Crean Hill, targeting the near surface advanced exploration area of the 109 Footwall Zone. Recent drilling is designed to define the high-grade core of the 109 FW Zone. Highlights from the new assay results include: 109 FW Zone MCR-24-068: 0.7% Ni, 2.4 % Cu, 9.7 g/t Pt + Pd + Au over 26.3 metres Including 3.2% Ni, 11.3 [...]
Magna Mining Inc. is pleased to announce the signing of a Definitive Off-Take Agreement with Vale Base Metals wholly-owned subsidiary Vale Canada for the advanced exploration portion of the Crean Hill Project. Jason Jessup, CEO of Magna Mining stated, "We are extremely pleased to be able to announce the signing of the Definitive Off-Take Agreement with Vale. This Agreement is the culmination of several months of work with [...]
Magna Mining Inc. is pleased to provide an update on the permitting and approval process for the Crean Hill Project. On February 29 2024, Magna received confirmation that the amended Closure Plan for the Crean Hill Project had been filed with the Ontario Ministry of Mines. This allows Magna to move forward with an advanced exploration plan, which includes a surface bulk sample and development of a ramp from surface to [...]
Magna Mining Inc. is pleased to provide initial drilling results from the 2024 exploration program at Crean Hill, targeting the near surface advanced exploration area of the 109 FW Zone. Highlights from the new assay results include: 109 FW Zone MCR-24-060: 0.3% Ni, 2.0 % Cu, 8.6 g/t Pt + Pd + Au over 14.0 metres Including 1.1% Ni, 8.3 % Cu, 13.9 g/t Pt + Pd + Au over 3.0 metres MCR-234-061: 0.6% Ni, 1.0 % Cu, 9.5 g/t Pt [...]
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 [...]