Magna Mining Files Technical Report for the McCreedy West Copper-Nickel Mine
Magna Mining (TSXV: NICU) (OTCQB: MGMNF) has filed a technical report for the McCreedy West Copper-Nickel Mine on SEDAR, following its announced acquisition of base metals assets in the Sudbury Basin from KGHM International The independent technical report, titled 'Mineral Resource Estimate for the McCreedy West Copper-Nickel Mine', was prepared by SGS Geological Services with an effective date of December 31, 2023, and complies with National Instrument 43-101 standards.
Magna Mining (TSXV: NICU) (OTCQB: MGMNF) ha presentato un rapporto tecnico per la Miniera di Rame-Nichel McCreedy West su SEDAR, a seguito dell'annuncio dell'acquisizione di asset di metalli di base nel Bacino di Sudbury da KGHM International. Il rapporto tecnico indipendente, intitolato 'Stima delle Risorse Minerarie per la Miniera di Rame-Nichel McCreedy West', è stato redatto da SGS Geological Services con una data di riferimento al 31 dicembre 2023 e soddisfa gli standard del National Instrument 43-101.
Magna Mining (TSXV: NICU) (OTCQB: MGMNF) ha presentado un informe técnico para la Minería de Cobre-Níquel McCreedy West en SEDAR, tras anunciar la adquisición de activos de metales básicos en la Cuenca de Sudbury de KGHM International. El informe técnico independiente, titulado 'Estimación de Recursos Minerales para la Minería de Cobre-Níquel McCreedy West', fue preparado por SGS Geological Services con fecha efectiva del 31 de diciembre de 2023 y cumple con los estándares del National Instrument 43-101.
마그나 마이닝 (TSXV: NICU) (OTCQB: MGMNF)는 KGHM International로부터 수드버리 분지에서 베이스 메탈 자산 인수 발표에 따라 SEDAR에 맥크리디 웨스트 구리-니켈 광산에 대한 기술 보고서를 제출했습니다. '맥크리디 웨스트 구리-니켈 광산의 광물 자원 추정'이라는 제목의 독립 기술 보고서는 SGS 지질 서비스에 의해 작성되었으며, 유효 날짜는 2023년 12월 31일이며, National Instrument 43-101 기준을 준수합니다.
Magna Mining (TSXV: NICU) (OTCQB: MGMNF) a déposé un rapport technique concernant la mine de cuivre-nickel McCreedy West sur SEDAR, suite à l'annonce de l'acquisition d'actifs de métaux de base dans le bassin de Sudbury auprès de KGHM International. Le rapport technique indépendant, intitulé 'Estimation des ressources minérales pour la mine de cuivre-nickel McCreedy West', a été préparé par SGS Geological Services avec une date d'effet au 31 décembre 2023 et respecte les normes du National Instrument 43-101.
Magna Mining (TSXV: NICU) (OTCQB: MGMNF) hat einen technischen Bericht für die McCreedy West Kupfer-Nickel-Mine bei SEDAR eingereicht, nachdem die Übernahme von Basismetallaktivitäten im Sudbury-Becken von KGHM International bekannt gegeben wurde. Der unabhängige technische Bericht mit dem Titel 'Mineralressourcenschätzung für die McCreedy West Kupfer-Nickel-Mine' wurde von SGS Geological Services erstellt und hat einen Stichtag vom 31. Dezember 2023. Er entspricht den Standards des National Instrument 43-101.
- Acquisition of a producing copper mine, expanding operational assets
- Strategic expansion in the Sudbury Basin mining district
- None.
Sudbury, Ontario--(Newsfile Corp. - October 29, 2024) - Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is pleased to announce that further to its news release dated September 12, 2024 titled 'Magna Mining Acquires Producing Copper Mine in Sudbury from KGHM International Ltd' in connection with the proposed acquisition by the Company of a portfolio of base metals assets located in the Sudbury Basin (the "Transaction") including the McCreedy West copper nickel mine (the "Project"), the Company has filed on SEDAR an independent technical report titled 'Mineral Resource Estimate for the McCreedy West Copper-Nickel Mine' in respect of the Project.
The technical report has been filed in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. A copy of the technical report is available under the Company's profile page at www.sedarplus.com.
The independent technical report is dated October 28, 2024, with an effective date of December 31, 2023, and was prepared by SGS Geological Services ('SGS').
About Magna Mining Inc.
Magna Mining is an exploration and development company focused on nickel, copper and 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 major permits for the construction of a 4,500 tonne per day open pit mine, processing plant and tailings storage facility and is surrounded by a contiguous 180km2 prospective land package. Crean Hill is a past producing nickel, copper and PGM mine with a technical report dated July 2023. Additional information about the Company is available on SEDAR (www.sedarplus.ca) and on the Company's website (www.magnamining.com). For more information, please contact:
Jason Jessup
Chief Executive Officer
or
Paul Fowler, CFA
Senior Vice President
Tel: 705-482-9667
Email: info@magnamining.com
Cautionary Statement
This press release contains certain forward-looking information or forward-looking statements as defined in applicable securities laws. Forward-looking statements are not historical facts and are subject to several risks and uncertainties beyond the Company's control, including statements regarding the closing of the Transaction, the ability to satisfy the closing conditions relating to the Transaction including receipt of all required third party consents and regulatory approvals, the production and exploration potential of the McCready West Copper Mine and related projects, the production at the Shakespeare and Crean Hill Mines, the economic and operational potential of the Shakespeare and Crean Hill Mines, potential acquisitions, plans to complete exploration programs, potential mineralization, exploration results and statements regarding beliefs, plans, expectations, or intentions of the Company. Resource exploration and development is highly speculative, characterized by several significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate. All forward-looking statements herein are qualified by this cautionary statement. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements whether as a result of new information or future events or otherwise, except as may be required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this press release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/228107
FAQ
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