| Announcement Date: | 2022-12-12 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Magna Mining Inc. |
| Project name: | Crean Hill |
| Location: | Canada |
| Commodities: | Gold,Palladium,Platinum,Copper,Nickel,Cobalt |
| Highlight: | Drilling results incl. 10.78m at 3.75% Ni, 1.74% Cu, 900.00ppm Co, 0.20g/t Pt, 0.22g/t Pd, 0.04g/t Au, from 168.12m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Sudbury, Ontario–(Newsfile Corp. – December 12, 2022) – Magna Mining Inc. (TSXV: NICU) (“Magna” or the “Company”) is pleased to announce that first assays have been received from the recent drilling at Crean Hill. Drillhole MCR-22-003 intersected massive sulphide mineralization (see news release dated November 17 th , titled “Magna Mining Provides Update on Activities at Crean Hill), grading 6.0 % Ni, 0.3 % Cu, 0.7 g/t Pt+Pd+Au over 5.8 metres. The Company has completed 10 drillholes to date and expects to resume diamond drilling in early January, 2023 |
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