Magna Mining Inc V.NICU

Magna Mining Reports New Assay Results from Crean Hill

[MightyPoPo]

continues to underwhelm.

Sudbury, Ontario--(Newsfile Corp. - May 18, 2023) - Magna Mining Inc. (TSXV: NICU) ("Magna" or the "Company") is pleased to announce additional assays results from the ongoing diamond drilling program at Crean Hill. Results include assays from five drillholes completed on the G1 Zone, a narrow embayment structure at the Sudbury Igneous Complex ("SIC") contact, approximately 1000 metres east of the Crean Hill Main Zone (See news release dated February 23, 2023), and one additional drillhole targeting the 109 Footwall ("109 FW") Zone.

Highlights from the new assay results include:

• G1 Zone (MCR-23-014): 1.0% Ni, 0.8 % Cu, 0.2 g/t Pt + Pd + Au over 5.2 metres

• 109 FW Zone (MCR-23-019): 0.2% Ni, 0.3 % Cu, 8.0 g/t Pt + Pd + Au over 28.4 metres

   

[RatPatrol]

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