Magna Mining Files Updated Preliminary Economic Assessment for the Crean Hill Project
Press Release
Sudbury, Ontario – 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 17, 2024 titled “Magna Mining Completes Updated Preliminary Economic Assessment of the Crean Hill Project” the Company has filed on SEDAR an independent technical report titled “Preliminary Economic Assessment Update for the Crean Hill Project, Sudbury, Ontario, Canada”.
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 November 1, 2024, with an effective date of April 15, 2024, 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 preliminary economic assessment technical report dated November 1, 2024. 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
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