Magna Mining Announces New Drill Results from McCreedy West and Recognition from the Government of Ontario

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[{"type":"text","content":"Magna Mining Announces New Drill Results from McCreedy West and Recognition from the Government of OntarioSudbury, Ontario--(Newsfile Corp. - June 10, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (\"Magna\" or the \"Company\") is pleased to announce additional drill results from the McCreedy West mine, including 3.0% Cu, 0.4% Ni, 9.1 g/t Pt + Pd + Au over 10.8 metres and 3.9% Cu, 0.6% Ni, 6.8 g/t Pt + Pd + Au over 2.1 metres in drillhole FNX33368 (Table 1). Magna is also pleased to announce that the Sudbury based projects owned and operated by the Company have been identified as shovel ready, strategic critical mineral projects by the Government of Ontario. In a letter to Canada's Minister of Energy and Natural Resources, Ontario's Ministers of Energy and Mines, Natural Resources, and Indigenous Affairs and First Nations Economic Reconciliation, the Government of Ontario urged the Federal Government to invest in critical mineral mines and infrastructure in Ontario.Highlights from the new assay results include:FNX33344: 5.1% Cu, 1.0% Ni, 1.8 g/t Pt + Pd + Au over 6.6 metresFNX33350: 2.0% Cu, 0.2% Ni, 2.6 g/t Pt + Pd + Au over 20.0 metresIncluding 29.5% Cu, 0.2% Ni, 18.7 g/t Pt + Pd + Au over 0.5 metresAnd 23.4% Cu, 0.1% Ni, 38.5 g/t Pt + Pd + Au over 0.5 metresFNX33368: 3.0% Cu, 0.4% Ni, 9.1 g/t Pt + Pd + Au over 10.8 metresAnd 3.9% Cu, 0.6% Ni, 6.8 g/t Pt + Pd + Au over 2.1 metresFNX33385: 2.7% Cu, 0.4% Ni, 6.9 g/t Pt + Pd + Au over 7.0 metresAnd 28.9% Cu, 1.0% Ni, 2.2 g/t Pt + Pd + Au over 0.8 metresDiamond DrillingProduction drilling at the McCreedy West Mine is ongoing with two underground diamond drills working in the 700 Cu-PGE Footwall Zone (Figure 1). Drilling is currently focused on supporting the mid-term production planning and better definition and grade confidence for stopes in the 2025 mine plan. A summary of assay results since Magna took ownership of the property on March 1, 2025, is found in Table 1, and drillhole collar information in Table 2. As development progresses and drilling platforms become available, the focus will shift to expansion and definition drilling along the lower margins and to the west of the known 700 Cu-PGE Footwall Zone (Figure 2).There is one surface diamond drill rig at Levack Mine that is supporting definition and expansion drilling on the Keel Zone in the footwall o...

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