Magna Mining Files Technical Report for the Shakespeare Nickel Project

Magna Mining Files Technical Report for the Shakespeare Nickel Project

Magna Mining Inc. (TSXV: NICU) ("Magna" or the "Company") is pleased to announce that further to its news release dated January 31, 2022, it has filed on SEDAR an independent technical report titled "Shakespeare Project Feasibility Study Technical Report" in respect of its Shakespeare Nickel Project located 60 km south-west of Sudbury, Ontario. 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.sedar.com.

The independent technical report is dated March 17, 2022, with an effective date of January 31, 2022, and was prepared by AGP Mining Consultants Inc.

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 asset is the past producing Shakespeare Mine 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. Additional information about the Company is available on SEDAR (www.sedar.com) and on the Company's website (www.magnamining.com).

For further information, please contact:
Jason Jessup
Chief Executive Officer
or
Paul Fowler, CFA
Senior Vice President
Email: info@magnamining.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/117267

News Provided by Newsfile via QuoteMedia

NICU:CA
The Conversation (0)
Five bronze cylinders of varying heights stand on a reflective surface against an orange background.

Lundin Cuts Copper Target After Another Storm Hits Chile

Lundin Mining (TSX:LUN,OTCPL:LUNMF) lowered its full-year copper production guidance after a second winter storm in Chile's Atacama region damaged infrastructure and disrupted operations at the Caserones mine.Severe weather re-damaged a transmission tower serving Caserones that repair crews had... Keep Reading...
Advanced quantum computer hardware with complex copper wiring and futuristic design.

Wired in Metal: AI and the Changing Copper Cycle

The world is witnessing the start of a new copper supercycle.Copper supply and demand have long been dependent on electricity and industrial sectors, with the previous mining cycle cemented by infrastructure projects, manufacturing expansion and rapid city growth. The growing focus on generative... Keep Reading...
Person holds piece of copper metal ore above a blurry copper-colored background.

Antofagasta Cuts Guidance Amid Global Copper Squeeze

Antofagasta (LSE:ANTO,OTCPL:ANFGF) has slashed its annual copper guidance following historic winter storms at its flagship mine in Chile, compounding a global supply squeeze that has pushed prices to record highs.The company lowered its 2026 copper output forecast to between 625,000 and 655,000... Keep Reading...
"Glencore" logo on phone screen.

Korea's Export-Import Bank Lends Glencore US$1 Billion for Copper Supply

The Export-Import Bank of Korea will extend US$1 billion in financing to Glencore (LSE:GLEN,OTCPL:GLCNF) in exchange for guaranteed supply of copper for South Korean industrial companies, Bloomberg reported.The state-run lender notes that Glencore’s mining operations in Chile and Peru offer... Keep Reading...
Nine Mile Metals Announces Certified Assays of 3.49% Cu-Eq over 24.55 meters  in DDH WD-26-09

Nine Mile Metals Announces Certified Assays of 3.49% Cu-Eq over 24.55 meters in DDH WD-26-09

Including 4.03% Cu-Eq over 16.50m and 5.22% Cu-Eq over 6.50m Nine Mile Metals Ltd. (CSE: NINE,OTC:VMSXF) (OTCID: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile") is pleased to announce certified assay results for DDH WD-26-09, at the Wedge Mine in the Bathurst Mining Camp, New Brunswick. 3.49%... Keep Reading...
Brightly lit server room with rows of metal racks on shiny floors and colorful cables overhead.

Copper in Power: How AI-Driven Data Centers Affect Copper Demand

Data centers are electricity-dependent, and electricity requires copper.Copper is known as the second best conductor of electricity among all metals, second to silver. It holds about 95 percent of silver’s conductivity, yet remains the popular option for electrical wiring given its proven... Keep Reading...

Interactive Chart

Latest Press Releases

Related News