- Magna Mining Inc. (NICU) has confirmed a new zone of near-surface sulphide mineralization 1,000 metres east of the Crean Hill Main Zone
- Four holes have been completed and have intersected and disseminated to locally semi-massive sulphides at the Sudbury Igneous Complex
- CEO Jason Jessup met with Shoran Devi to discuss the news
- Magna Mining Inc. (NICU) opened trading at $1.14 per share
Magna Mining Inc. (NICU) has confirmed a new zone of near-surface sulphide mineralization 1,000 metres east of the Crean Hill Main Zone.
Four holes have been completed and have intersected and disseminated to locally semi-massive sulphides at the Sudbury Igneous Complex.
The recent drilling was targeted near historical drill hole LM01800, which intersected 0.58 per cent Cu, 0.72 per cent Ni over 33.2 metres and 0.39 per cent Cu, 0.67 per cent Ni over 20.2 metres starting at 10.3 metres downhole.
CEO Jason Jessup met with Shoran Devi to discuss the news.
Magna Mining also released assay results from the second phase of 2022 drilling at the Shakespeare deposit. A total of 4,020 metres of drilling across 15 drill holes was completed in 2022. The company tested and expanded the limits of the West Zone mineralization.
Magna Mining is an exploration and development company focused on nickel, copper, and pure gold mining projects around Sudbury in Ontario.
Magna Mining Inc. (NICU) opened trading at $1.14 per share.