Tag: Magna

Magna Mining Provides 2023 Exploration Update

2023-11-03 04:15:56 Sudbury, Ontario–(Newsfile Corp. – November 3, 2023) – Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) 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 […]

Magna Mining Announces Change of Auditor

2023-10-16 14:34:02 Sudbury, Ontario–(Newsfile Corp. – October 16, 2023) – Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) 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, […]

Magna Terra Announces $600,000 Non-Brokered Private Placement

2023-09-22 05:07:03 TORONTO, ON / ACCESSWIRE / September 22, 2023 / Magna Terra Minerals Inc. (the “Company” or “Magna Terra”) (TSXV:MTT) is pleased to announce that, subject to all regulatory approvals, the Company intends to complete a non-brokered Private Placement of gross proceeds up to $600,000 (the “Offering”). The Offering will consist of an issuance […]

Magna Mining Files Technical Report for Crean Hill Project

2023-09-14 09:18:18 Sudbury, Ontario–(Newsfile Corp. – September 14, 2023) – Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) 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 […]

Magna Mining Intersects 6% Nickel in Additional Footwall Zone at the Crean Hill Project

2023-07-10 03:54:19 Sudbury, Ontario–(Newsfile Corp. – July 10, 2023) – Magna Mining Inc. (TSXV: NICU) (FSE: 8YD) (“Magna” or the “Company”) is pleased to release additional assay results from the ongoing 2023 diamond drilling program. Drilling continues to intersect high grade nickel mineralization in the 101 Footwall (“FW”) Zone and in a footwall zone between […]

Magna Mining Announces Additional High-Grade Intercepts near Surface in the 109 Footwall Zone, and Provides an Update on the Preliminary Economic Assessment

2023-06-20 03:50:17 Sudbury, Ontario–(Newsfile Corp. – June 20, 2023) – Magna Mining Inc. (TSXV: NICU) (“Magna” or the “Company”) is pleased to release additional assay results from a series of short, near surface drillholes immediately beneath the surface exposure of the 109 Footwall (“FW”) Zone. The surface expression of this high grade PGM zone has […]

Magna Mining Announces Results of Annual and Special Meeting of Shareholders

2023-06-12 14:38:29 Sudbury, Ontario–(Newsfile Corp. – June 12, 2023) – Magna Mining Inc. (TSXV: NICU) (“Magna” or the “Company”) is pleased to announce the results of its Annual & Special Meeting of Shareholders (the “Meeting”) held on June 9th. Each of the matters is described in greater detail in the Notice of Annual & Special […]

Magna Mining Announces High-Grade Intercepts near Surface in the 109 Footwall Zone

2023-06-07 03:47:38 Including 5.9% Ni, 2.0 % Cu, 12.4 g/t Pt + Pd + Au Over 3.2 m Sudbury, Ontario–(Newsfile Corp. – June 7, 2023) – Magna Mining Inc. (TSXV: NICU) (FSE: 8YD) (“Magna” or the “Company”) is pleased to release initial assays from a series of short, near surface drillholes immediately beneath the surface exposure […]

Magna Mining Announces New Assay Results from 2023 Diamond Drilling at Crean Hill

2023-04-11 03:37:49 High-Grade, near Surface Intercepts Reported in the 109 Footwall Zone, Including 2.4% Ni, 4.3 % Cu, 37.2 G/t Pt + Pd + Au over 5.1m Sudbury, Ontario–(Newsfile Corp. – April 11, 2023) – Magna Mining Inc. (TSXV: NICU) (“Magna” or the “Company”) is pleased to release the first assays received from the 2023 […]

Magna Gold Obtains Initial Order under Companies’ Creditors Arrangement Act (Canada)

2023-03-27 14:35:43 TORONTO, March 27, 2023 /CNW/ – Magna Gold Corp. (NEX: MGR.H) (OTCPINK: MGLQF) (“Magna Gold“, and together with its direct and indirect subsidiaries, “Magna” or the “Company“) announces that it was granted an initial order (the “Initial Order“) pursuant to the Companies’ Creditors Arrangement Act (the “CCAA“) by the Ontario Superior Court of Justice […]

Magna Mining Announces New Assay Results from 2022 Diamond Drilling at Crean Hill

2023-03-02 04:34:09 Further High-Grade Intercepts Reported from 101 Footwall and Intermediate Zones Sudbury, Ontario–(Newsfile Corp. – March 2, 2023) – Magna Mining Inc. (TSXV: NICU) (“Magna” or the “Company”) is pleased to announce additional assay results from the remaining November 2022 diamond drilling program at the Company’s 100% owned Crean Hill Mine in Sudbury, Ontario. […]

Magna Terra Minerals Completes Earn-In at the Great Northern Project, Newfoundland

2023-02-23 06:04:12 TORONTO, ON / ACCESSWIRE / February 23, 2023 / Magna Terra Minerals Inc. (the “Company” or “Magna Terra”) (TSXV:MTT) is pleased to announce that it has earned a 100% interest in its flagship Great Northern Project (“Great Northern” or the “Project”), located in western Newfoundland, having recently renegotiated final payment terms with Spruce […]

Magna Mining Announces Intersection of New Zone of Near Surface Sulphide Mineralization 1000 Metres East of Crean Hill Deposit and Reports New Assay Results from Shakespeare

2023-02-23 04:14:59 Sudbury, Ontario–(Newsfile Corp. – February 23, 2023) – Magna Mining Inc. (TSXV: NICU) (“Magna” or the “Company”) is pleased to announce that drilling has confirmed a new zone of near surface sulphide mineralization approximately 1000 metres east of the Crean Hill Main Zone (Figure 1). To date, four holes have been completed and […]

Magna Gold Receives Notices of Civil Claims

2023-02-16 04:13:33 TORONTO, Feb. 16, 2023 /CNW/ – Magna Gold Corp. (TSXV: MGR) (OTCPINK: MGLQF) (“Magna” or the “Company”), announces that its subsidiary, Molimentales del Noroeste S.A. de C.V. (“Molimentales”) has received the following Notices of Claims from three of its creditors in Mexico: Claim by Cominvi Servicios, S.A. de C.V. filed in the […]

Magna Terra Minerals Announces Changes to Board of Directors

2023-02-14 06:08:30 TORONTO, ON / ACCESSWIRE / February 14, 2023 / Magna Terra Minerals Inc. (the “Company” or “Magna Terra”) (TSXV:MTT) announces that Mr. Denis Hall has resigned his seat on the Board of Directors and will be replaced by Mr. Gernot Wober. Mr. Wober is a professional geologist (P. Geo.) and has over 32 […]

Magna Terra Minerals Announces Exploration Update on Boleadora Project

2023-01-31 06:05:06 TORONTO, ON / ACCESSWIRE / January 31, 2023 / Magna Terra Minerals Inc. (the “Company” or “Magna Terra“) (TSX-V:MTT) is pleased to announce through its 100% owned Argentine subsidiary Atala Resources S.A. (“Atala”) that Oroplata S.A. (“Oroplata”), a subsidiary of Newmont Corporation (“Newmont”), has completed an initial exploration program on the Boleadora Project. […]

Magna Terra Minerals Discovers New Gold Targets at the Viking North Trend, Great Northern Project, Newfoundland

2023-01-25 06:03:46 TORONTO, ON / ACCESSWIRE / January 25, 2023 / Magna Terra Minerals Inc. (the “Company” or “Magna Terra”) (TSXV:MTT) is pleased to announce results of a gold geochemical sampling program (“Exploration Program”), as announced on October 12, 2022, at its flagship 100%-owned Great Northern Project (“Great Northern” or the “Project”), located in western […]

Magna Terra Minerals Identifies Significant Additional Gold Targets at Its Flagship Great Northern Project, Newfoundland

2023-01-12 06:04:52 TORONTO, ON / ACCESSWIRE / January 12, 2023 / Magna Terra Minerals Inc. (the “Company” or “Magna Terra”) (TSXV:MTT) is pleased to announce results of the 2022 geochemical sampling program at its flagship 100%-owned Great Northern Project (“Great Northern” or the “Project”), located in western Newfoundland. The geochemical sampling program comprised collection of […]

Magna Mining Intersects High Grade PGM Footwall Mineralization at Crean Hill

2023-01-09 04:45:03 Mineralization Intersected over 98m Including 3.7% Ni, 2.8% Cu and 20.2 g/t Pt+Pd+Au over 7.1m Sudbury, Ontario–(Newsfile Corp. – January 9, 2023) – Magna Mining Inc. (TSXV: NICU) (“Magna” or the “Company”) is pleased to announce the first assays received from drilling on the 109 Footwall (“FW”) Zone at the Crean Hill Mine […]

Magna Terra Minerals Announces Hawkins Love Option Agreement Amendment and Provides Project Update

2022-12-22 06:03:49 TORONTO, ON / ACCESSWIRE / December 22, 2022 / Magna Terra Minerals Inc. (the “Company” or “Magna Terra“) (TSXV:MTT) is pleased to announce that it has amended the option agreement (the “Amendment Agreement”) on its 100%-controlled Hawkins Love Gold Project (“Hawkins Love” or “Project”), located in Southern New Brunswick (Exhibit A). The Amendment […]

Magna Mining Files Technical Report for the Denison Project

2022-12-15 04:03:42 Toronto, Ontario–(Newsfile Corp. – December 15, 2022) – Magna Mining Inc. (TSXV: NICU) (“Magna” or the “Company“) is pleased to announce that, further to its news release dated November 7, 2022, it has filed on SEDAR an independent technical report titled “Mineral Resource Estimate Update for the Denison Ni-Cu-PGE Sulphide Deposit, Denison Project, […]

Magna Mining Intersects 3.8% Nickel, 1.8% Copper, & 0.5 g/t PT+PD+AU over 10.8 Metres, Including 6.0% Nickel, 0.3% Copper, & 0.7 g/t Pt+PD+AU over 5.8 Metres

2022-12-12 04:07:11 Sudbury, Ontario–(Newsfile Corp. – December 12, 2022) – Magna Mining Inc. (TSXV: NICU) (“Magna” or the “Company”) is pleased to announce that first assays have been received from the recent drilling at Crean Hill. Drillhole MCR-22-003 intersected massive sulphide mineralization (see news release dated November 17th, titled “Magna Mining Provides Update on Activities […]

Magna Mining Provides Drilling Update on Crean Hill Mine

2022-11-17 05:24:24 Diamond Drilling Has Commenced and Intersected Semi-Massive to Massive Sulphides over 10.7 Metres Sudbury, Ontario–(Newsfile Corp. – November 17, 2022) – Magna Mining Inc. (TSXV: NICU) (“Magna” or the “Company”) is pleased to announce that drilling has commenced at the Crean Hill Mine, part of the Denison Project (see Figure 1). To date, […]

Magna Mining Announces Grant of Stock Options and RSUs

2022-11-10 13:39:44 Sudbury, Ontario–(Newsfile Corp. – November 10, 2022) – Magna Mining Inc. (TSXV: NICU) (the “Company” or “Magna“) announces that it has granted a total of 3,685,000 stock options (“Options“) to purchase common shares of the Company to certain directors, officers, employees and consultants pursuant to the Company’s Stock Option Plan. Such Options are […]

Magna Mining Closes Acquisition of Lonmin Canada

2022-11-07 07:03:57 Sudbury, Ontario–(Newsfile Corp. – November 7, 2022) – Magna Mining Inc. (TSXV: NICU) (“Magna” or the “Corporation“) is pleased to announce that it has closed the acquisition of Lonmin Canada Inc. (“Loncan“), including the Denison Project and the past producing Crean Hill Ni-Cu-PGE mine (the “Acquisition“), pursuant to a share purchase agreement dated […]

Magna Mining Provides an Update on Loncan Acquisition

2022-11-02 13:35:25 Sudbury, Ontario–(Newsfile Corp. – November 2, 2022) – Magna Mining Inc. (TSXV: NICU) (the “Corporation“) is pleased to announce that it expects to satisfy the final conditions precedent to the previously announced acquisition of Lonmin Canada Inc. (the “Acquisition“) on or about November 4, 2022. Upon the satisfaction of the final conditions to the […]

Magna Terra Minerals Initiates Exploration at Its Flagship Great Northern Project, Newfoundland

2022-10-12 05:11:02 TORONTO, ON / ACCESSWIRE / October 12, 2022 / Magna Terra Minerals Inc. (the “Company” or “Magna Terra”) (TSXV:MTT) is pleased to announce that it has commenced an exploration program at its flagship 100%-owned Great Northern Project (“Great Northern” or the “Project”), located in western Newfoundland. Great Northern is a proven gold environment […]

Magna Gold Q2 2022 Operating and Financial Results

2022-08-29 20:04:58 TORONTO, Aug. 29, 2022 /CNW/ – Magna Gold Corp. (TSXV: MGR) (OTCQB: MGLQF) (“Magna” or the “Company”), today announced operating and financial results for the three and six months ended June 30, 2022 and 2021 (“Q2 2022” and “Q2 2021”, respectively). All figures are in US Dollars, unless otherwise expressed. Q2 2022 Operating and […]

Magna Mining Announces Signing of Definitive Agreement to Acquire Lonmin Canada and Announces a Private Placement Offering of up to C$20 Million of Subscription Receipts

2022-08-16 03:43:05 Transformational Acquisition of the past Producing Crean Hill Mine in Sudbury, Ontario Sudbury, Ontario–(Newsfile Corp. – August 16, 2022) – Magna Mining Inc (TSXV: NICU) (the “Company” or “Magna“) is pleased to announce that the Company has entered into a definitive share purchase agreement (the “Purchase Agreement“) to acquire 100% of Lonmin Canada […]

Magna Mining Announces Signing of Definitive Agreement to Acquire Lonmin Canada and Announces a Private Placement Offering of up to C$20 Million of Subscription Receipts

2022-08-16 03:43:05 Transformational Acquisition of the past Producing Crean Hill Mine in Sudbury, Ontario Sudbury, Ontario–(Newsfile Corp. – August 16, 2022) – Magna Mining Inc (TSXV: NICU) (the “Company” or “Magna“) is pleased to announce that the Company has entered into a definitive share purchase agreement (the “Purchase Agreement“) to acquire 100% of Lonmin Canada […]

Magna Terra Minerals Announces Closing of Non-Brokered Private Placement

2022-07-29 14:07:35 TORONTO, ON / ACCESSWIRE / July 29, 2022 / Magna Terra Minerals Inc. (the “Company” or “Magna Terra”) (TSXV:MTT) announces that it has closed its non-brokered private placement (see press release dated May 18, 2022) of gross proceeds totalling $858,000. The Company has issued 4,450,000 Premium Flow-Through Units (“PFT Units”) at a price […]

Magna Terra Minerals To Commence Follow-Up Exploration Program on New Hawkins Love Gold Targets, Southern New Brunswick

2022-07-12 05:13:57 TORONTO, ON / ACCESSWIRE / July 12, 2022 / Magna Terra Minerals Inc. (the “Company” or “Magna Terra“) (TSXV:MTT) is pleased to announce that it has initiated exploration on its 100%-controlled Hawkins Love Gold Project (“Hawkins Love” or “Project”), located in Southern New Brunswick (Exhibit A). The program includes prospecting and mapping of […]

Magna Gold Announces AGM Results and Provides Corporate Update

2022-06-30 04:04:59 TORONTO, June 30, 2022 /CNW/ – Magna Gold Corp. (TSXV: MGR) (OTCQB: MGLQF) (“Magna” or the “Company“) is pleased to announce the results from its annual meeting of shareholders held on June 23, 2022. Detailed results of the meeting are set out below:   Total shares voted:          […]

Magna Gold Announces Q1 2022 Operating and Financial Results

2022-05-27 14:58:50 TORONTO, May 27, 2022 /CNW/ – Magna Gold Corp. (TSXV: MGR) (OTCQB: MGLQF) (“Magna” or the “Company”), today announced operating and financial results for the three months ended March 31, 2022 and 2021 (“Q1 2022” and “Q1 2021”, respectively). All figures are in US Dollars, unless otherwise expressed. Q1 2022 Operating and Financial […]

Magna Terra Minerals Provides Update On Technical Disclosure Amendment

2022-05-06 17:11:40 TORONTO, ON / ACCESSWIRE / May 6, 2022 / Magna Terra Minerals Inc. (TSXV:MTT) (“MTT” or the “Company“) wishes to provide an update (refer to press release dated April 8, 2022) as it pertains to its Technical Report(s) entitled “NI 43-101 Technical Report and Mineral Resource Estimate on the Cape Spencer Gold Deposit, […]

Magna Terra Minerals Clarifies Technical Disclosure

2022-04-08 12:42:21 TORONTO, ON / ACCESSWIRE / April 8, 2022 / Magna Terra Minerals Inc. (TSXV:MTT) (“MTT” or the “Company“) announces that, as a result of a continuous disclosure review by the Autorité des Marchés Financiers (the “AMF“), the Company is issuing the following news release to clarify its disclosure as it pertains to its […]

Magna Gold Amends Settlement Agreement with PEAL de Mexico S.A. de C.V.

2022-03-18 16:01:17 TORONTO, March 18, 2022 /CNW/ – Magna Gold Corp. (TSXV: MGR) (OTCQB: MGLQF) (“Magna” or the “Company”), announces that, further to its news release dated June 30, 2020, its subsidiary Molimentales del Noroeste S.A. de C.V. (“Molimentales”) has entered into an amending agreement with PEAL de Mexico S.A. de C.V. (“PEAL”).  In conjunction […]

Argonaut Gold Files Early Warning Report in Respect of Magna Gold Corp.

2022-03-08 08:00:32 TORONTO, March 8, 2022 /CNW/ – Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) announces that it has filed an early warning report in respect of its holdings in Magna Gold Corp. (“Magna”). On March 7, 2022, Argonaut sold an aggregate of 9,740,000 common shares of Magna (“Magna Shares”), at […]

Magna Gold Amends Loan Agreement with Auramet International LLC

2022-03-04 16:06:02 TORONTO, March 4, 2022 /CNW/ – Magna Gold Corp. (TSXV: MGR) (OTCQB: MGLQF) (“Magna” or the “Company”), announces that it has entered into an amending agreement (the “Amending Agreement”) in respect of the secured promissory note and guaranty dated February 11, 2021 (as first amended on September 21, 2021, the “Note”) previously issued […]

Magna Gold Reports Fatal Accident at San Francisco Mine

2022-02-16 09:56:41 TORONTO, Feb. 16, 2022 /CNW/ – Magna Gold Corp. (TSXV: MGR) (OTCQB: MGLQF) (“Magna” or the “Company”), deeply regrets to report a fatal accident involving three employees at its San Francisco Mine on February 15, 2022. The accident occurred at approximately 11:30 a.m. local time on February 15, 2022.  Three mine employees were in […]

Magna Mining Engages Independent Trading Group as Market-Maker

2022-01-25 05:03:57 Sudbury, Ontario–(Newsfile Corp. – January 25, 2022) – Magna Mining Inc. (TSXV: NICU) (“Magna” or the “Company“) is pleased to announce that it has entered into a market-making agreement (the “Agreement“) with Independent Trading Group (“ITG“), pursuant to which ITG has agreed to provide market-making services to the Company in accordance with the […]

Magna Mining Announces Further Positive Assay Results from 2021 Shakespeare Mine Drilling

2022-01-05 04:58:17 Additional Mineralized Intersections Reported from the Gap Zone Sudbury, Ontario–(Newsfile Corp. – January 5, 2022) – Magna Mining Inc. (TSXV: NICU) (“Magna” or the “Company”) is pleased to announce the assay results from a further nine holes drilled at the Shakespeare Mine during the 2021 drilling program. Highlights from this batch of assay […]

Magna Terra Minerals Identifies Priority IP Chargeability Anomalies for Drill Testing at the Great Northern Project, Newfoundland

2021-12-02 06:07:51 TORONTO, ON / ACCESSWIRE / December 2, 2021 / Magna Terra Minerals Inc. (the “Company” or “Magna Terra”) (TSXV:MTT) is pleased to announce that it has identified several priority geophysical Induced Polarization (“IP”) chargeability targets (“IP Targets”) for drill testing at Great Northern to on its 100% owned Great Northern Project (“Great Northern”), […]

Magna Mining Announces Winter Exploration Program at the Shakespeare Project and Results of Recent Borehole Electromagnetic Survey

2021-12-01 04:56:40 Program to Focus on Follow-Up Drilling at the P-4 Discovery and Near Surface Copper Mineralization at the Past Producing Spanish River Copper Mine Sudbury, Ontario–(Newsfile Corp. – December 1, 2021) – Magna Mining Inc. (TSXV: NICU) (“Magna” or the “Company”) is pleased to announce that following the completion of a $3.14 million flow […]

Magna Terra Minerals Announces Non-Brokered $1 Million Private Placement

2021-10-22 05:03:28 TORONTO, ON / ACCESSWIRE / October 22, 2021 / Magna Terra Minerals Inc. (the “Company” or “Magna Terra”) (TSX-V:MTT) is pleased to announce that, subject to all regulatory approvals, the Company intends to complete a non-brokered Private Placement of up to $1 million in common share units. The Company plans to issue up […]