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Magna Mining Inc V.NICU

Alternate Symbol(s):  MGMNF

Metals & Mining Industrial Metals & Minerals
Magna Mining Inc. is an exploration and development company focused on nickel, copper and platinum group metals (PGM) projects in the Sudbury Region of Ontario, Canada. The Company's flagship assets are the past producing Shakespeare and Crean Hill Mines. The Shakespeare Mine is a feasibility stage project which has permits for the construction of a 4,500 tons per day open pit mine, processing plant and tailings storage facility and is surrounded by a contiguous 180 square kilometers (km2) prospective land package. The Shakespeare Project is comprised of around 29 patented claims, three leased claims and 787 mining claims within Dunlop, Porter, Shakespeare, Hyman and Baldwin Townships, and covers an area of 18,074.94 hectares (ha). The Crean Hill Mine is a past producing nickel, copper and PGM mine. The Crean Hill property has an area of patented surface and mining rights consisting of over 255.9 ha. It has a 100% interest in a nickel-copper deposit located near Shining Tree, Ontario.


TSXV:NICU - Post by User

Magna Mining Inc
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Post by RALEIGHon Jun 03, 2021 12:58pm
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Post# 33319605

NICU Investor Zoom call today- Positive indicators!

NICU Investor Zoom call today- Positive indicators! Appreciated hearing from CEO J.Jessop and SVP P.Fowler. Much to be optimistic for here beyond strong experienced Mgmt team. Proximity to other large successful operations, ability to produce quickly, size of unexplored areas connected to main Shakespeare mine site. Looking forward to the initial drill results expected near end of month.
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