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.

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Magna Mining Inc > Magna Mining Reports New Assay Results from Crean Hill

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Comment by RatPatrolon May 19, 2023 11:22am

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Post# 35456525

RE:Magna Mining Reports New Assay Results from Crean Hill

MightyPoPo, you make an astute observation.

If I may be so bold, Vale ITSELF is struggling to figure out its Sudbury operations so
it can make some money.

I would not be surprised if Vale Sudbury operation goes up for sale.

Vale appears to me to be making deals with Magna and others to explore Sudbury's fringes.

Magna needs to find new quantities at historical grades.
Nearby concentrators might make some of these smaller orebodies economic.

We c...............

JMHO DYODD

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