Magna Terra Minerals Inc V.MTT

Alternate Symbol(s): BRIOF

Metals & Mining Industrial Metals & Minerals

Magna Terra Minerals Inc. is a precious and critical metals focused exploration company. The Company is focused on acquiring and advancing its mineral projects in Atlantic Canada and Argentina. It is engaged in exploring its 100%-owned Humber Copper-Cobalt Project in Newfoundland and Labrador and its 100%-owned Cape Spencer Gold Project in New Brunswick. In addition, the Company has optioned the Great Northern Project in Newfoundland to Gold Hunter Resources Inc. Further, the Company maintains a significant exploration portfolio in the province of Santa Cruz, Argentina which includes its Boleadora Project being advanced by Newmont Corp. under an option to purchase agreement and a precious metals discovery on its Luna Roja Project proximal to Cerrado Gold's operating Don Nicholas Project infrastructure. The Company also owns a 100% Humber Copper-Cobalt Project located in western Newfoundland, which comprises 1,627 claims in 12 mineral licenses covering a total area of 40,675 hectares.