Magna Terra Corporate Update

Magna Terra Minerals (“Magna Terra” or the “Company”) (TSX VENTURE:MTT) (SSE:MTTCL) is pleased to provide an update on its exploration activities in Santa Cruz Province, Argentina. Our main activities concentrated on generating drill targets from geophysical surveys carried out during 2017.

The geophysical program, included 21-line kms of ground magnetometry, 3-line kms of induced polarization (IP) at Gertrudis, and 7.5-line kms of CSAMT at El Meridiano.

Analysis of all new data at El Meridiano and Gertrudis is complete, and these projects will now join Luna Roja, Piedra Negra, Covadonga in the drill ready category.

Exploration activity has also continued during the first quarter of 2018 on our 24 properties, within eight distinct land packages totaling over 100,000 hectares, in mining friendly Santa Cruz Province.

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