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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 Betteryear2on Oct 13, 2024 12:57pm
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Post# 36264614

Magna Mining – Moving Into Copper and Nickel Production

Magna Mining – Moving Into Copper and Nickel Production 333 Views October 10, 2024
Jason Jessup, CEO and Director of Magna Mining (TSX.V: NICU) (OTCQB: MGMNF), unpacks a number of key Company milestones achieved the last few months, including the transformative move into #copper and #nickel #production at the McCready West mine in #Sudbury, Canada. We dive into the details of the recently announced acquisition of multiple #polymetallic prior-producing mines and #exploration projects around the Sudbury Basin, the results of the Preliminary Economic Assessment (PEA), and the results of the recent bulk sample processing from the 109 Footwall at Crean Hill. Additionally, we review the conditional approval for the Federal Critical Mineral Infrastructure Fund that was just received, to help fund further studies and future development of their projects.

Magna Mining – Moving Into Copper and Nickel Production - PEA And Bulk Sample Updates At Crean Hill (youtube.com)

 
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